Brochures

$199,000

Well established, under management & Profitable Cafe Bar situated in the most popular suburb of Gold Coast

Short Summary

Under management, thriving cafe bar in a prime location with competitive rent and high profitability.

Key Selling Points

Under Management
Passive Income
Low Stock requirements
Cashflow Positive
Long term Management and Staff in place
Strong year to year Sales
Low Rent
Long Term Lease in place
Simplistic business
No Competition
80% Repeat Work
High visibility location
Ideal for 491 Visa

A vibrant slice of food lovers in the main social precinct of Gold Coast. This under management business is a popular restaurant, café and bar serving multinational cuisine in a casual indoor and alfresco setting that gives one the feeling of being in a tropical island holiday resort.

The owner is a chef but not on the tool anymore unless he is required as a relief. He and his partner have owned the business since 2018 enjoying great investment return. They are reluctantly to offload due to unforeseen personal reason.

This fully licensed venue offers a unique inspired food menu along with an amazing selection of cocktails and specialty beverages. The simple yet exotic menu includes breakfast, lunch & dinner (on selected days), and a great selection of multinational dishes.

The wonderfully ambient interior is matched by the enviable location with beautiful sheltered pergola outdoor for its customers for enjoying the delicious tastes of its food and drinks and the serenity and company of their friends and loved ones.

A solid lease is in place with competitive rent of $4,400/month (inclusive) for a 180m size shop, providing the owner with eight years of operational stability (factored in options), ensuring long-term security and multiple opportunities to build a thriving business or to create a lasting legacy.

The business has a well-trained staff team, a smart and easy operating system in place for management, online bookings, ordering systems, and a catering menu.

Weekly income averaged $13,000 with annual netting of close to $300K pa (including the owners’ fees).

This is also a perfect business for Visa applicants of 491 and 188A.

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

Asking $199,000

Ref. no. BUY2352

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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!

Well established, under management & Profitable Cafe Bar situated in the most popular suburb of Gold Coast

Confidentiality Agreement

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Property Features