This is a rare opportunity to snap up two successful businesses on one lease, in one of the state's favourite beach locations.
This impressive investment has cornered the market, offering both upmarket dining (Twenty By Twelve Cafe) and traditional, beachside classics (Palms Takeaway).
Twenty By Twelve Cafe: breakfast and lunch 7 days a week, plus Mexican-style tapas dinner during high season / school holidays
Palms Takeaway: traditional and gourmet takeaway options, 7 days a week
Turnover $1.1 million in 2016, with strong net profit returns
Cafe established for 15 years
Takeaway established for 33 years
Twenty By Twelve has operated both businesses for the past 13 years
Both businesses located in the only commercial shopping village in the beaches area
Twenty By Twelve is a strong, established brand within the local community
Strong organic coffee culture
Staff includes long-term, casual and junior employees
All equipment included; the current kitchen services both businesses from the one space
Cafe seats 30 inside and 20 outside
Established external catering service, with future growth potential
Lease to 2021 with 2 five-year options
Handover training as requested
Pacific Palms is a highly sought-after holiday destination, and both these businesses offer enormous potential to capitalise on the area’s popularity and growth.
The high season market is dominated by affluent visitors from Sydney and Newcastle, with many owning permanent holiday properties in the immediate area.
Ideal for a hospitality couple or family looking for a great established brand to grow, this impressive package also offers that sought-after sea-change lifestyle.
Open to all offers