Under Management, Highly Profitable Cafe/Bar In Prime Location Of Sunshine Coast - Revenue $1m+
Short Summary
A highly profitable & thriving cafe & bar nestled in a prime location within a bustling shopping centre on the beautiful Sunshine Coast.
Key Selling Points
- Low Stock requirements
- Cashflow Positive
- Cash Cow!
- Long term Management and Staff in place
- Strong year to year Sales
- Strong year to year Profits
- Low Rent
- Long Term Lease in place
- High Profit Margins
- Simplistic business
- 80% Repeat Work
- Best Location
- High foot traffic location
- High visibility location
- Ideal for 491 Visa
Two owners established this business in 2022 and after two years of successful operations showcasing it as a proven realm of success, this cafe/bar has become an integral part of the community fabric, attracting both locals and tourists.
It has carved a niche as the go-to place for breakfast, lunch, cocktails and dinner (live music) with plenty of potential to expand in terms of more trading hours, functions and party events to meet the demands of the local community and tourists.
With hundreds of 5-star reviews on Google alone, this café/bar is renowned in the community for its delicious menu, barista-quality coffee and friendly service boasting an impressive average turnover of $22,000 weekly and a stunning annual netting of over $400,000 pa.
The business is managed by a Managing Chef supported by a team of competent, reliable and experienced staff. This business presents a perfect owner-operator opportunity or to be administrated by a staff manager whilst this is a proven earner with consistent year-on-year profits.
Operating with a lease till 2028 (+ 5 years option), the business is fully staffed with a team of dedicated professionals who uphold the commitment to providing excellent service.
The owners are unwillingly to offload against the backdrop of family relocation.
This business is perfect for 491 and 188a visa applicants or husband & wife team.
Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813
Asking $395,000 + SAV
Ref. no. BUY2380