Iconic Cafe For Sale "The Paragon Cafe" - West Wyalong, NSW
This long established 70's style cafe is a true icon to the community. Currently a family run business with excellent reputation, high turnover, and good profit margin, but still with growth potential.
A popular eatery for locals and a must stopover for travellers, the cafe provides traditional fish and chips and homemade hamburgers as well as an extensive breakfast, lunch and dinner menu plus pizza 4 nights a week.
Being a fully licensed cafe Bar since 2012 has really added to the business. In the past 5 years healthy options have been added such as Paleo meals, raw foods, superfood salads and more. This has created a wider market with these popular types of food taking off in the past few years.
With an already high turnover and good profit margin, this business still has growth potential with West Wyalong's growing economy due to the Lake Cowal Gold Mine and the increasing number of people travelling through country NSW. West Wyalong is a popular stopover located on two main highways.
The cafe has kept its feel with 70's retro style seating for up to 85 people. The cafe was renovated in 2012, adding a fresh feel but keeping the atmosphere and original fitout. The café also offers a private coffee lounge and alfresco dining. All equipment has been well maintained and updated in the past couple of years with new fridges, coffee machine, walk in freezer and more. Long lease of 3 x 3 years.
The Pilon Family have owned and operated the Paragon Cafe as a family business for the past twelve years. They are very proud of the business they have built and are now looking to sell to the right person.
Leasehold price: $220,000 + SAV
The purchaser will have the option to purchase a second business run out of the Paragon Café - a health business selling high quality organic foods, snacks, gluten free options, vitamins and supplements, protein powders and more. This business has been very successful operating for 5 years with no extra expenses. This is an add on for $10,000 plus stock.