101 Stanley Street, Summerhill, TAS 7250

NAI Harcourts are proud to offer to the market S'presso 101 Café, a very successful family owned and operated café located in the Launceston suburb of Summerhill. The business is to be sold as a going concern with the option to either establish a formal lease or purchase the freehold property which includes a 4 bedroom house and a separate commercial tenancy both returning solid passive income streams.

Catering to both the dine in and takeaway markets, the existing owners have a very loyal client base including the workers passing by in the morning for coffee and breakfast, the afternoon school pickup from Summerdale Primary / St Patricks College / Prospect High and workers / clients from surrounding businesses such as the Summerhill Medical Centre.

S'presso 101 Café currently trades 5 ½ days a week, subject to approval there is the possibility for 7 day trading, on top of this there is potential to grow the business in the areas of catering and functions. Year on year the business has shown growth which is a testament to the owner's hard work over many years, they are also happy to remain in the business to provide support to a potential purchaser.

Here is your chance to purchase a well priced, established and profitable business that is sure to provide you with a great income moving forward.

- An established business with a database of regular customers
- Potential for expansion for more catering and functions
- A community café in a growing and suburban area
- Opposite to one of the largest primary schools in the state
- Easy level parking for convenient takeaway coffee and food
- No additional setup costs
- Widely recognised for great coffee and food
- Option to purchase freehold including 4 bedroom house

For more information and to discuss your requirements please contact Andy Howell of NAI Harcourts North.

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