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TWO SUGARS CAFE & PIZZA BAR

Shop 1/2 40 The Esplanade, Torquay 3228
$750,000 + Stock

Description

Casual Restaurant/Cafe for Sale – Torquay

If you are looking for the ultimate sea change opportunity along the Great Ocean Road in picturesque Torquay, then stop looking as this is it. With strong weekly sales, highly profitable all year round and in an unbeatable location – it doesn’t get any better than this opportunity – Two Sugars Cafe & Pizza Bar!

Capturing the local and tourist market perfectly with a superb all day dining menu of seasonal modern Italian inspired dishes including antipasti, pizza, pasta, risottos, meat, seafood, salads, premium wines and delicious desserts. The venue is renowned along the busy surf coast for its excellent service, extensive menu and great location with stunning coastal views. Whether its brunch, lunch or dinner this popular iconic venue has you covered.

The fit out is stunning and modern, with a large versatile floorplan spread over two shopfronts to seat up to 132 patrons both inside & outside (footpath). There is also a full commercial kitchen with A grade equipment including wood fire oven, gas oven, grill/hot plates, grease trap, walk in freezer/cool room plus plenty of storage and a separate office area.

The business has provided the current vendor with a strong turnover and a healthy profit since opening. However, the vendor is now ready to move on so is a motivated seller and will offer the purchaser a comprehensive and professional handover to ensure business continuity after settlement. There is also an option to buy the “Two Sugars” brand with two locations; The Esplanade in Torquay as well as the venue in Pakington Street in Geelong West for $2.2 million (for both). Please talk to Marc 0412 359 907 to discuss this additional opportunity further.

BUSINESS HIGHLIGHTS:

  • Weekly sales $100,000 in summer and consistently $30,000 pw over winter
  • Net profit of $500,000 pa
  • Secure long term lease in place
  • Rent of $2,500 a week approx.
  • Fully licensed until 11pm – 7 days
  • Seating for 132 patrons inside & outside (footpath)
  • Double shop front – Impeccable fit out and design
  • Full commercial kitchen with A grade equipment in excellent condition
  • Under Semi Management – great loyal team in place
  • Unbeatable location with stunning costal views
  • Very high foot traffic area with both locals & tourists
  • The option to buy the “Two Sugars” brand with two locations Torquay & Geelong West is also available

ASKING PRICE: $750,000 + Stock (Torquay only)

Call Marc to inspect 0412 359 907

  • Shop 1/2 40 The Esplanade, Torquay 3228, Regional, Australia
Marc Di Genova
Marc Di Genova
0412 359 907
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