Summary
Coastal Delicatessen is a licensed Deli/ Wine Bar/Cafe located near Grange Beach offering sourdough breads, small goods, paninis, take home meals, coffee and a range of other continental items.
Revenue
$85,000 pq
Rent
$14,400 pq
Net Profit
$15,000 pq
Location Details
14 Jetty Street
Located in a group of shops 100m from Grange beach in a vibrant coastal suburb.
Potential
Liquor License allows for night time trade and a great opportunity to put in a pizza oven offering dine in and delivery. Future expansion of model into other coastal suburbs.
Skills
Business is easy to operate and with no "cooking" currently all staff can perform all tasks.
Hours
Currently running 6 days a week, 8 until 3. Night time events every second or third week.
Lease
A new 5 + 5 will be offered by landlord to new tenant.
Employees
4 staff on site at its busiest but during quiteir periods 1 person can operate on their own.
Reason for Sale
Looking to exit hospitality after 20 years. An ongoing back issue has also made it hard to keep up with the day to day running of the business.
About the Business
Coastal Delicatessen is a licensed Deli/ Wine Bar/Cafe located within 100 meters of Grange Beach offering sourdough breads, small goods, paninis, take home meals, coffee and a range of other continental items.
Trading 6 days a week the business has a strong local following, hosting quiz nights, wine tastings, private functions and an ever growing catering side with regular customers.
The potential to expand into an evening tapas/pizza/ wine bar venue is there.
Rent is $4240 a month and the landlord will start a new 5 + 5 lease with the new owner.
This is a turnkey sale and the price includes SAV. Handover date is flexible.
History
This site was originally a run down mini mart and in 2021 we came in and gutted the shop doing a new fit out. Locals have embraced the new business and it is a one of a kind venue offering something unique to the area.
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