FOR SALE
$80,000

Shop 27a/42 Wollumbin Street
Murwillumbah NSW 2484

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 66m2
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Thriving Vegetarian Restaurant with Beautiful Fit-out

Phone enquiries - please quote property ID 31318.
A thriving restaurant/cafe business that offers delicious vegetarian world cuisine to a diverse customer base. Established in February 2018, this five-year-old business is located in the heart of Murwillumbah, Sunnyside Mall, with excellent visibility and foot traffic all day. The restaurant has a modern shopping centre vibe and a cool style that is often remarked upon by customers. The business operates six days a week, and the profits are good, making it a profitable lifestyle business for any new owner.
The premises are in excellent condition and are fitted out with a wide range of cooking equipment, including high-end commercial coffee machines, fridges, cooktops, oven, fryer etc. The current owners have established processes for everything and can provide all the systems they use and supplier details. There is also an opportunity for the new owner to franchise this concept.
The business currently employs a front-of-house person who works five days per week, a cook who does three days per week, with the afternoon shifts currently taken by different juniors who work after school. The current owners work in the business four days per week, with one day allocated to doing the books and paying bills.
The business has a dedicated customer base of locals and customers from surrounding areas such as Gold Coast, Byron, and Brisbane. The business has an online presence, including a website, a Google business listing, a Facebook page with many favourable reviews, and an Instagram page. The trading hours are 10-6 Monday to Friday and 10-3 Saturdays, with room to extend the hours to catch the early morning coffee trade, and also to meet the demand of travellers to the shire by opening on Sundays.
A new 5 year lease has just been signed with the shopping centre management. The centre is managed by one of the smaller management companies and are very supportive.
The current owners are selling as they feel it is time to turn the business over to a younger owner who can take it to the next level. The business will be a great fit for someone with some experience in cooking, but the current owners will provide all the necessary training required to operate the business.
Contact for a confidential Business Information Memorandum containing financials and other details of the business.
https://g.page/r/CcWSPK_HkLkxEAI/review
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property Details for Shop 27a/42 Wollumbin St, Murwillumbah

Building Type
Commercial
Floor Size
66m2

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About Murwillumbah 2484

The size of Murwillumbah is approximately 12 square kilometres. It has 21 parks covering nearly 10.4% of total area. The population of Murwillumbah in 2011 was 6,342 people. By 2016 the population was 7,034 showing a population growth of 10.9% in the area during that time. The predominant age group in Murwillumbah is 50-59 years. Households in Murwillumbah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murwillumbah work in a professional occupation. In 2011, 65.1% of the homes in Murwillumbah were owner-occupied compared with 65.5% in 2016.

Murwillumbah has 4,136 properties. Over the last 5 years, Houses in Murwillumbah have seen a 77.98% increase in median value, while Units have seen a 165.80% increase. As at 30 November 2024:

  • The median value for Houses in Murwillumbah is $836,439 while the median value for Units is $399,546.
  • Houses have a median rent of $695 while Units have a median rent of $435.
There are currently 27 properties listed for sale, and 17 properties listed for rent in Murwillumbah on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Murwillumbah.

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