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Sold $198,000

Under Management, Highly Popular & Profitable Landmark Cafe Located At The Upmarket Area of Gold Coast (Suitable for 491 & 188A)

Short Summary

Well-established, profitable, landmark cafe as a focal point for the local community offering delicious breakfast options, light lunches, and snacks.

Key Selling Points

Established brand
Under Management
Passive Income
Short hours
Flexible hours
Low Overheads
Low working capital requirements
Cashflow Positive
Non-hands on Owner
Long term Management and Staff in place
Strong year to year Sales
Strong year to year Profits
Low Rent
Long Term Lease in place
80% Repeat Work
Best Location
High foot traffic location
High visibility location
Short Trading Hours
Short working week
No weekend work!
Ideal for 491 Visa

Trading 5 days a week and closed at 2:30 pm daily, this successful under management cafe has been under the current ownership for over one year whilst this coffee house was established many years ago.

The cafe is located in the upmarket precinct of Gold Coast neighbouring with numerous exclusive waterfront properties that sell for millions. The premise is ideally located in the hub of tourists and affluent consumers with abundance of passing foot traffic and a cozy and welcoming ambiance. Perfectly designed to provide the perfect coffee catch-up spot or ” breakfast/ lunch destination.

It has been a popular Eatery and social gathering place in the locality and a “go to” place for food and coffee lovers to enjoy barista coffee and cafe-quality food. This cafe has built a strong reputation as the go-to café in the ever-growing residential in the vicinity.

Weekly income averaged $12,000 (Lowest $10K & Highest $15K) and rent is cheap ($1130/week inclusive O/G & GST) with a lease till 2028 (+5 years option).

This cafe is managed by a full time Manager who is supported by experienced staff and knowledgeable Baristas offering a wide range of delectable coffee options, tasty snacks, and light meals to cater to diverse customer preferences. The team is well-trained, reliable, and passionate about delivering exceptional service to customers.

Due to retirement, owner has reluctantly decided to offload and committed to offer post settlement training and a smooth ride for the transitional period. This business is perfect for working partners, 491 & 188A Visa applicants and husband/wife team.

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

Asking $198,000

Ref. no. BUY2396

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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!

Under Management, Highly Popular & Profitable Landmark Cafe Located At The Upmarket Area of Gold Coast (Suitable for 491 & 188A)

Confidentiality Agreement

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Property Features