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Listing Id: 35758 Last Refreshed: 03/03/2025 Total Views: 1 Broker Ref: 23579

Thriving Hobart Cafe Rare Opportunity for Owner-Operator

Hobart, TasmaniaCoffee Shops and Cafes
Asking Price: $220,000
Business For Takeover
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Overview

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  • Source Broker

Reason For Sale

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Description

This is your chance to own a highly successful, in-demand café in a prime Hobart location! With a captive market, zero direct competition, and a strong local following, this trendy suburban gem is the ultimate opportunity for a passionate café owner or an experienced operator looking to expand.

- Outstanding reputation & consistent sales Proven year-on-year performance
- Impressive financials Owner earnings of approx. $150K per year
- Easy to run The current owner works just 3-4 days a week (20 hours)
- Funky, welcoming vibe A stylish, open-plan service area with an all-season courtyard
- Pet-friendly & family-friendly A local favourite with strong repeat business
- Full commercial kitchen & liquor license Endless potential to expand operations

Financial Performance:
- 2023 Sales: $624,618
- 2024 Sales: $597,486
- 2025 Forecast: $621,500

Net Profit (2024): $142,603 (after owner's wage)
Projected Net Profit (2025): $150,000 (after owner's wage)

Key Business Highlights:
- 7-day operation 7:30 AM to 3:00 PM (breakfast, brunch & lunch)
- Inside & outside dining options Ideal for all seasons
- Gross rent (incl. outgoings): Just $1,393 per week
- Strong potential for growth Extend hours, expand menu, or add functions

For Sale: $220,000 WIWO

If you're ready to step into one of Hobart's best café opportunities, this is your moment. Whether you're an experienced operator looking for a profitable addition to your portfolio or a first-time owner chasing your hospitality dream.

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://form-morgan-business.web.app/form/CLBmnGgdEebdV88abE7E

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