1/399 Ewingsdale Road, Byron Bay, NSW 2481
For Sale
$775,000
"FOLK" a Byron Bay institution! Winning formula & exclusive branding rights for sale with business.
The Famous "Folk" cafe is one of the best local attractions for casual dining in sunny Byron Bay and is backed by a successful 8 year track record. This is a lifestyle business like no other, offering huge returns under full management and room to grow still!
The lifestyle and business that everyone dreams of…FOLK has forged a strong brand identity built on healthy and delicious vegan foods that support an optimum lifestyle and backed with a 8 year solid reputation the brand has been carefully refined to a winning formula.
This successful proven dynamic business formula is now on offer with full branding and IP rights allowing you to replicate it in other locations.
The FOLK business has been developed so that a new hospitality owner will thrive and the experienced operator will delight in the ease of delivery. The savvy investor buyers may wish to capitalise on the lucrative returns and rely on the stable management structure as this is a smooth hands off operation! This business offers the rare versatility to work on the business not within it.
Should you be a hospitality guru the lifestyle & family friendly operating hours make this a great family business choice plus with the added leverage of a Byron Bay position this is an exclusive opportunity for the savvy operator that recognises the year round tourism trade that this postcard location capitalises on is in high demand as regional travel dominates the tourism market.
FOLK Byron Bay is in perfect synergy with the Byron Bay lifestyle and is the favourite place for locals and visitors to relax and replenish with delicious and high quality foods and has a well known reputation for consistently high standards.
FOLK is poised for growth with the potential for the new owners to establish it easily in a new location or locations should they wish.
Features:
-Sales $1.38m, Net Profit $408k, under full management and secure team of staff
-Lease with rent at just 2-3% of turn over, extraordinary for Byron Bay
-Current brand with high equity, extensive brand recognition and significant social media following
-Contemporary icon sought out by the health conscious breakfast brunch & lunch set
-Potential for night trade
-Highly ethical food choices, plant based menu with exotic twist & local community linked suppliers
-Innovative yet delicious cuisine that has something for everyone and appeals to the broad market
-Expand with the confidence of the FOLK brand and enjoy assured future success/es
-Top location on the corner of Ewingsdale Road supported by adjoining Discovery Park Tourist Park
-Bohemian fitout, casual garden dining, terrace dining & indoor dining, plus intimate knooks
-High profits year after year with excellent growth and the potential for night trade
The well known venue is an icon and attracts millions of customers a year! Get in fast as FOLK CAFE BYRON BAY is already on the map!
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L16342541
- Property Type:Food/Hospitality - Cafe/Coffee Shop
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Mortgage Broker