SEMI UNDER MANAGEMENT, PROFITABLE ESTABLISHED BEACHFRONT CAFE WITH OVER 0.8M SALES PA. & CLOSE 1 PM DAILY

Posted by: Henry Chow | January 24, 2025

$320,000 + SAV

Description

SEMI UNDER MANAGEMENT, PROFITABLE ESTABLISHED BEACHFRONT CAFE WITH OVER 0.8M SALES PA. & CLOSE 1 PM DAILY

- Gold Coast QLD

Short Summary

Under Management, Highly Popular & Profitable Landmark Beachfront Cafe Located At A Coastal Suburb of Gold Coast (Suitable 188A)

Key Selling Points

Established brand
Under Management
Passive Income
As close to Passive Income as you can get!
Short hours
Low Overheads
Cashflow Positive
Cash-based
Non-hands on Owner
Long term Management and Staff in place
Strong year to year Sales
Strong year to year Growth
Strong year to year Profits
Long Term Lease in place
Simplistic business
80% Repeat Work
Best Location
High foot traffic location
High visibility location
Short Trading Hours

This popular, well-established, profitable, beachfront, semi under management and high-volume friendly cafe is consuming over 40 kg of coffee per week is generating a handsome passive income of over $250,000+ pa. for the owners for over 5 years.

It is an iconic brand serving a mouthwatering classic Australian menu of signature entrees, breakfast and lunch supported by a team of friendly, experienced and reliable staff. Owners only need to attend to this business less than 10 hours weekly mainly on the backend administration works.

The cafe is located in the upmarket costal precinct of Gold Coast neighbouring with numerous exclusive waterfront properties that sell for millions. The area is s renowned for its casual coastal culture and the premise is ideally located in the hub of tourists and affluent consumers with abundance of passing foot traffic and a cozy and welcoming ambiance. Perfectly designed to provide the perfect coffee catch-up spot or ” breakfast and lunch destination.

It has been a popular Eatery and social gathering place in the locality and a “go to” place for food and coffee lovers to enjoy barista coffee and cafe-quality food. This cafe has built a strong reputation as the go-to café in the ever-growing residential in the vicinity.

Weekly income averaged $15,000 (Lowest $10K & Highest $20K) and rent is reasonable ($2100/week inclusive O/G & GST ballpark) with a lease till 2027 (+6 years option).

This cafe is managed by experienced staff and knowledgeable Baristas offering a wide range of delectable coffee options, tasty snacks, and light meals to cater to diverse customer preferences. The team is well-trained, reliable, and passionate about delivering exceptional service to customers.

Due to health issue, owner has reluctantly decided to offload and committed to offer post settlement training and a smooth ride for the transitional period. This business is perfect for working partners, 188A Visa applicants and husband/wife team who is motivated to have the best return on investment.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $320,000 + SAV

Ref. no. BUY2458

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. 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Property Features

Real Estate Agent's

About
Bio
Recent Listings

Henry Chow

0421 040 857

Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!

About
Bio
Recent Listings

Amy Wan

0498 229 813

Fluent English, Cantonese, Mandarin. Amy started her property consultancy career in 2001 and worked with a very prominent real estate agency with over 500 branches across China. During that time, she was based in Shenzhen China and was fortunately and repeatedly selected as the “best saleswoman of the year”. Amy started her own Real Estate business in 2005 and had two branches in one suburb in Shenzhen with around 30 sales persons working for her. She successfully built up the business to being one of the major players in the area with annual turnover of approx. AUD$2million. Her working philosophy is to nurture rapport with all her buyers and sellers and continuously connect with them even long after their related sales transactions are finished. Besides, she always likes to help them with non-business matters and treat them like her friends. As a result, she has successfully built up a network of connections with most of her businesses based on referrals. Amy has a deep and well connected network within the Chinese community both locally and abroad and seems to magically find buyers for every business whether it’s for her own client or one of our other team members! Amy is a highly motivated person and looks forward to helping connect you with the right results.

Henry Chow January 24, 2025 Comments Off

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SEMI UNDER MANAGEMENT, PROFITABLE ESTABLISHED BEACHFRONT CAFE WITH OVER 0.8M SALES PA. & CLOSE 1 PM DAILY

Description

SEMI UNDER MANAGEMENT, PROFITABLE ESTABLISHED BEACHFRONT CAFE WITH OVER 0.8M SALES PA. & CLOSE 1 PM DAILY

- Gold Coast QLD

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent's

Henry Chow

Amy Wan

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