Sold | Business Food/Hospitality | 1/1 Simmons Street, Ballina NSW 2478 | $49,000 WIWO (ONO)

SOLD! SOLD! SOLD!

This is a great opportunity for a couple, family business, or chef/cook looking to start out on their own and ditch the nights and weekends.

The Racecourse Cafe is one of Ballina's best kept secrets, serving up the best takeaway and cafe-style food to tradies and business people in the Northern Rivers. Famous for its unique burgers, roast meats, hot chips, bacon and egg rolls and home-style cooking, the Racecourse Cafe is the go to place for those in the know.

Open for breakfast and lunch (6am-2pm) the cafe also delivers in the Ballina Industrial Estate. Strong loyal customer base that isn't seasonal or weather dependant. Long lease term, cheap rent (approx $307 a week). Currently open Monday to Friday 6am to 2pm so lots of potential to expand hours (nights and weekends).

The cafe is situated right next to an existing residential area, 2 new residential estates (Ferngrove and River Oaks) and a brand new retirement village (Palm Lake Resort), all of which are within walking distance and represent massive untapped potential.

In addition to servicing the takeaway market, the cafe has a pleasant outdoor dining area (could seat 25+ people), surrounded by manicured lawn, hedge and palm trees. There is huge potential here to expand your market and attract more sit-downs diners. There is also potential to include catering for local businesses into your marketing mix.

Asking $59,000 which includes all stock and equipment, training, delivery car and recipes/operating manual.

Accountant certified books available.

Owners are moving on to pursue another business interest and spend time with family.

This property is proudly listed by:

First National Real Estate Wal Murray & Co Lismore 39 Molesworth Street
Lismore NSW 2480

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Additional information

Property Type Business Food/Hospitality
Property ID 41973120328
Street Address 1/1 Simmons Street
Suburb Ballina
Postcode 2478
Price $49,000 WIWO (ONO)
Date Available Now