The Terrace Tamworth is a trendy Café / Restaurant and Gift Store just one year young but with a proven track record modelled on a successful business previously established in Tamworth by the current owners. The Café has in a short period, become the 'go to' venue for all occasions, breakfast, morning teas, lunches and special events.
The Business is located in the main shopping precinct of busy downtown Tamworth, parallel to the main street and overlooking beautiful Bicentennial Park. This area is a hub of activity during the Tamworth Country Music Festival held every January. There is an abundance of public parking.
The Terrace is a beautiful Lifestyle store with plenty of scope for expansion. It comprises a charming 2 storey terrace house with loads of character including several fireplaces, high ceilings and heritage features. There is a DA in place to allow for expansion into night-time trade but currently the business operates between 8 and 3.30, 7 days/week. An existing Liquor Licence is in place.
Downstairs includes a dining area (seating 41) and a large modern commercial kitchen featuring an inbuilt wood fired Pizza Oven, cool room and service area plus 3 pristine toilets (one disabled) and storeroom.
Upstairs are two indoor dining areas (seating 30), an internal Gift Store and customer service area and a large open terrace area overlooking the park for alfresco dining (seating 54).The Terrace features a pergola and large retractable awning complete with water feature and potted plants. There is also an office and staff amenities with toilet, shower and laundry upstairs.
Included in the price are all the internal fixtures and furnishings. A comprehensive list of the quality inclusions is available. Stock related to the Gift Store approx $90K.
This is a well managed and profitable business that has plenty of capacity to continue to grow. Its popularity and proven success acquired through great food and friendly quality service.
The Terrace is for sale as a leasehold purchase. The freehold premises are also available for purchase if required POA.
Further information and financial detail would be provided after inspection (by appointment) and when confidentiality requirements have been completed.