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Monday, February 14, 2022

Well-known cafe in thriving tourist area hits the market - Sunshine Coast News

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A renowned Noosa Heads cafe, which has traded for more than 20 years, is for sale.

Canteen cafe, at 2/4 Sunshine Beach Road, has hit the market and Ray White Commercial Noosa and Sunshine Coast North agent John Petralia said there was a “huge opportunity” for a new owner to take over.

He said the licenced business included all of the fixtures, seating for up to 70 people and it was fully staffed.

“The business and menu have been developed to suit the Noosa market, resulting in a strong year-round local clientele, topped up by the holiday crowds,” Mr Petralia said.

“This long tenure has also allowed the owner to successfully run the business under management for many years.

“This adds to the growth potential for a new owner by allowing them to step into the business (if they wish) to reduce costs and increase profit.

“There is a huge opportunity for the new owner to open at night and pick up on the thriving night time trade in the Junction.”

The business and menu have been developed to suit the Noosa market.

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Mr Petralia said the Noosa Junction dining scene had really “taken off” and had become very popular with locals and tourists.

“The last two years has seen a significant increase in tourists to the region which has resulted in low vacancy rates and lots of hungry people,” he said.

As the business is currently being run under management, Mr Petralia said it would suit a range of buyers.

“An experienced cafe/restaurateur could build on the solid base that has been created,” he said.

“Or, because it is run under management, someone who is newer to the industry can step in and the business will continue to run while they build on their knowledge and confidence.”

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Well-known cafe in thriving tourist area hits the market - Sunshine Coast News
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