Hobart, Tasmania 7000

The Red Velvet Lounge

For Sale | $125,000

Cafe/Coffee Shop

The Red Velvet Lounge has long been a favorite of locals and tourists alike. Located in the lovely town of Cygnet one of Southern Tasmania's most popular destinations for tourists and day trippers from Hobart. 

The Cafe is located in a historic building which was originally a general store, it is a large open space with high pressed tin ceilings. The large commercial kitchen also contains one of the largest wood-fired ovens in the state.

The Cafe is perfect for an owner-operator/couple who is looking for a fantastic lifestyle business in a stunning location. There is scope to offer evening trade and an excellent opportunity to grow the functions side of the business.

 

Some key points of the business
• Excellent lease in place with cheap rent
• Over $100,000 worth of plant & equipment
• Excellent online reviews and fantastic social media presence across Instagram and Facebook
• Fantastic opportunity for a savvy hospitality operator to take the business to the next level
• Prime Location
• Solid Trading year round
• Fantastic lifestyle business
• Current turnover over $15,000 per week

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

 

Mark Bent
TA00248
Phone: +61 3 6135 4446
Mobile: +61 0417 357 037
Email: mark.bent@linkbusiness.com.au

 
Ref: TA00248
Timestamp: 20231203110002

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Mark Bent

LINK Sydney

Overview

This Cafe/Coffee Shop Business is one of 90 businesses for sale in Tasmania, Tasmania, and one of 7 Cafe/Coffee Shop Businesses in this region that a business for sale currently has on offer. This Cafe/Coffee Shop Business is for sale in Tasmania for the asking price of $125,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..