Brochures

$59,500 negotiable

Great WIWO deal - Well established cafe of blend passion and profit - 5 Days Trade ONLY & NO CHEF required!!

Short Summary

This charming business nestled in the heart of Gold Coast offers a unique blend of cosy ambiance, gourmet coffee and and other gourmet delights.

Key Selling Points

Short hours
Low Overheads
Low Stock requirements
Cashflow Positive
Strong year to year Growth
Low Rent
Long Term Lease in place
Simplistic business
Clean business
No Direct Competition
80% Repeat Work
Best Location
High foot traffic location
High visibility location
Short Trading Hours
Short working week

This beloved establishment nestled in the heart of Merrimac and is in proximity of a “to be constructed” train station. Consequently, substantially bigger income will be expected after the completion of the train station.

The Delivery Authority has awarded the contract to Fulton Hogan to design and build Merrimac station which will provide the local community with greater access to convenient rail services; expanding options for easy travel within the Gold Coast, as well as to Brisbane. The Merrimac station will be located off Gooding Drive, approximately 750 metres east of the Pacific Motorway and Gooding Drive Interchange (Exit 77) and is scheduled to be open in time for the first Cross River Rail services to the Gold Coast.

The cafe is situated in a prime location: Strategically positioned n a bustling area with high foot traffic, ensuring a steady flow of both locals and tourists.

Present owners took over in 2021 for their SBO 491 Visa application. The business only trades 5 days with weekly income ranged from $5000 to $6000. The rent is reasonable of $1600/week inclusive with tenancy options up to 2036.

Owners are motivated to offload as they need to go overseas and this business is perfectly suitable for Visa 188a applicant.

This business has huge opportunity to scale up for more income and profit by extending the trading days and hours backed by strengthening of marketing activities. With all its equipment and fitting, this is a bargain and without doubt one of the most sought-after café locations in Gold Coast. All the hard work has been done, requiring a new owner to simply follow this successful model and develop their own imprint on this successful business.

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

Asking $59,500 negotiable

Ref. no. BUY2338

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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!

Great WIWO deal - Well established cafe of blend passion and profit - 5 Days Trade ONLY & NO CHEF required!!

Confidentiality Agreement

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Property Features