Lunch and brunch cafe, 15 years trading
About the business
A cafe serving lunch and brunch, with takeaway coffee trade, in Devonport, Tasmania. It has an operating history of 15 years in the Devonport community. It trades 7 days a week. It has 85 seats. The venue is rustic and bright, with high ceilings and a mezzanine level, and hosts both daily service and events. There are approximately 14 years remaining on the lease. Supportive handover and training are available. The broker reports a trained, experienced team of 14-15 staff already in place and a solid local reputation.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$650,000
Paid by
Your cash$195,000
Secured loan, 7 years at 6.98%$455,000
Each month
Loan repayment$6,860
Repayments each month
$6,860
Over 7 years you repay $576,469, of which $121,469 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.
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