Brochures

$490,000

Over $1.2 million annual sales, under management & profitable cafe located in an epochal position of Brisbane CBD

Short Summary

This successful, 5 days trade/week, popular & profitable café offers fantastic return on investment with over $300K pa. to its under management owner.

Key Selling Points

Under Management
Passive Income
Short hours
Low Stock requirements
Low working capital requirements
Cashflow Positive
Non-hands on Owner
Long term Management and Staff in place
Strong year to year Growth
Strong year to year Profits
Long Term Lease in place
Simplistic business
No Direct Competition
90% Repeat Work
Best Location
High foot traffic location
High visibility location
Short Trading Hours
Short working week

Present owner has owned the café since 2016 as his passive income and wishes to offload due to personal issues.

This successful, long standing, popular and profitable café is perfectly located in an iconic location of the Brisbane CBD enjoying top visibility and foot traffic.

The café offers delightful breakfasts, light to hearty lunches as well as excellent coffee and snack offerings and is busy all year round supported by a team of stable and long reliable staff and has become a must visit eating spot for the folks who work in the CBD.

Currently achieving gross weekly sales of $25,000 plus with excellent lease to 2029 & 5 year option alongside a reasonable rent currently at $2,750/week (including outgoing).

This café business is perfectly suitable for Visa 188a applicants who need the support of a team of happy and vibrant staff, along with full-time staff in key roles, and all systems and processes in place.

This café trades only Monday to Friday and closes at 2:30pm, no night and weekends.

The business has high growth potential – more organisations are moving into the building, and a project of a new office tower across the road will start construction in 2024, which will bring hundreds of builders to the shop during the construction duration and hundreds of office personnels after construction.

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

Asking $490,000

Ref. no. BUY2350

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Property Features

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!

Over $1.2 million annual sales, under management & profitable cafe located in an epochal position of Brisbane CBD

Confidentiality Agreement

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Property Features