Cafe Society – Willows & Stockland Kmart

AU$650,000
August 10, 2020

Description

This is an amazing opportunity to purchase two well established, fully managed cafes in high profile shopping centre positions at a not to be repeated package price!

Business Overview
Cafe Society is a very well known, independent cafe brand that has been established in the Townsville region for over 20 years. The strong branding together with effective marketing and excellent customer service has enabled this brand to continue to be profitable during the Covid-19 crisis.

The sellers are currently over committed and have made the decision to let go of two popular cafes in their businesses portfolio in the best interests of family, and to ensure the cafes have a high level of personal investment from the owner/operators. It is essential to the sellers that any prospective buyer would meet that criteria, and would be prepared to take the brand forward.

Cafe Society – Willows Shopping Centre
This bustling cafe is located in a high profile corner position at Shop 149 Willows Shopping Centre, 13 Hervey Range Road, Thuringowa. It is ideally positioned next to the busy Coles supermarket which provides a very high level of walk by traffic from shoppers. The business was established over 20 years ago and is fully managed by employees.

Cafe Society – Stockland Kmart Plaza
This well positioned cafe was established in 2018 and is located within the Stockland Kmart Plaza at 145 Nathan Street, Aitkenvale. The cafe is fully managed by competent employees.

Menu
An extensive breakfast, lunch and dinner menu is on offer, including a large selection of scrumptious sweets to complement great coffee.

Sellers’ Involvement
Both cafes are fully managed by employees. The owners spend only a few hours a week in the business in an overseeing/payroll capacity.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Iconic Townsville cafe brand for over 20 years
  • Business name is included in the sale
  • Fully managed by well trained, competent employees
  • Good profits continuing to be achieved throughout the Covid-19 crisis
  • Ideal positions within two quality shopping centres
  • Good social media following with over 2,800 followers on Facebook
  • Kmart fitout is only two years old and in excellent condition
  • Buyer has option to keep the operations fully managed or work in the business and further increase net profit
  • Full training provided

Business Price
Cafe Society Willows and Cafe Society Kmart are being sold for the package price of $650,000 plus stock at valuation (neg).

Contact
To receive our Sale Proposal, please complete our Confidentiality Agreement at www.beyond2000.com.au/confidentiality-agreement or contact our Business Brokers:

  • Susan Butler – 0419 905 463 / susan@beyond2000.com.au
  • Margaret Butler – 0419 664 349 / margaret@beyond2000.com.au