SOLD

451 Crown Street, Wollongong, NSW 2500

Food/Hospitality Cafe/Coffee Shop

BUSY CAFE IN POPULAR LIFESTYLE LOCATION OF WOLLONGONG - VERY LITTLE COMPETITION

Phone enquiries - please quote property ID 26209.

This busy cafe has all the right ingredients for success: A huge following, repeat customers, a great location, very little immediate competition, quality staff & service along with good exposure on the main road of Wollongong.

Yum Yum Cafe has been established for over 13 years with current owners five. Since then, the business has gone from strength to strength with a huge social media following and a reputation second to none for their Portuguese Tarts and Schnitzels! With an impressive 30kg of coffee per week (and rising), this cafe has become very popular as a drop-in place for the locals and people just driving past. It has a huge facebook community of over 2400 people.

Some on-site baking is required plus has good suppliers in place for other goods and cakes. The business has a fully equipped kitchen, a cold room, refrigerators, sandwich bar, cake displays and much more. Full list can be provided but nothing immediate is required to hit the ball running.

Current trading hours are 6 days (breakfast and lunch) which could extend to 7 days (as there is plenty of business). Evenings could also be considered, as the area may support this. This will all add to an already profitable business!

The cafe requires 4 people to service everything well. It is currently run by a husband and wife team with 2 other employees.
The premises are leased with a secure lease in place (3+3 years). It has ‘double front’ exposure on Crown Street with indoor and outdoor seating. The location is superb as it is located next to the ambulance station and walking distance to the private and public Wollongong hospital. This brings in huge trade from paramedics, doctors, front line workers and visitors to the hospital.

Wollongong is a wonderful lifestyle location, just over an hour south of Sydney. It is an affluent area with a very social and active community. Population is around 300,000.

Owner is selling on a walk in walk out basis which includes all fittings, fixtures and equipment, facebook and instagram. Stock will be sold at valuation which is usually around $3k.

This business is ideal as a first or second cafe business, or even for a chef who wants to explore more opportunities for further business. The owner is quite happy to assist to help with the transition. This is a sound business with everything in place to continue in its success.

Enquire today to find out more.

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Property Info

Municipality
Wollongong

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