Total Under Management, Profitable, Popular Cafe In A Fantastic Location Just Moments From The Ocean

- Gold Coast QLD

Short Summary

Thriving costal cafe nested in a most popular GC suburb is beautifully-appointed with a contemporary ambiance & consuming 40kg weekly coffee beans

Key Selling Points

• Under Management
• Passive Income
• Low Overheads
• Low Stock requirements
• Cashflow Positive
• Non-hands on Owner
• Long term Management and Staff in place
• Strong year to year Sales
• Low Rent
• Long Term Lease in place
• Simplistic business
• Clean business
• Clean financials
• 80% Repeat Work
• High foot traffic location
• High visibility location
• Booming Business!
• High percentage of organically driven sales
• Short Trading Hours

This beautiful, profitable and popular cafe is situated in an upscale suburb of Gold Coast with a prime beachfront location that is home to some of the city’s most expensive properties with median house prices in the suburb are $3,400,000.

The owner established this cafe in 2023 and trust it with a team of hospitality professionals headed by a full time Manager who has been running the ship almost since the debut of the cafe. It is very popular with the locals, boaties and holiday makers who have been enthusiastically devoted to its unique signature range of cakes, superior quality coffee, delicious gourmet sandwiches along with its exceptional customer service. The manager has maintained the highest standards of quality and taste to acquire an extensive client base.

The shop has a long lease till 2028 with another 5 years option and a weekly rent of $1,800 (inclusive of O/G & GST). The landlord is friendly and supportive to the business as it helps to boost the popularity of the location.

Weekly income is averaged at $13,500 with weekly net profit of $2,200+ ballpark which is generating a handsome passive income for the owner who is reluctantly to offload but due to his new career plan and personal reason.

The owner does not go and work there, it is a total under management business.

All wages payments are above board so the business has clean financials and a very simplistic operation model. With all the proven business systems in place, this is the best opportunity for hospitality-driven entrepreneurs or anyone who is passionate and people-friendly to own this cafe and to take it to the next level capitalising on its success.

This is also a perfect business for the overseas migrants who need to buy a local business to satisfy their 188A Visa applications.

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

Asking $125,000

Ref. no. BUY2491

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.