Established Highly Profitable Cafe Bar In A Waterfront Suburb Of Gold Coast
Short Summary
A great local cafe with great food and service nested in a coastal suburb of Gold Coast with stone’s throw north of the Gold Coast’s CBD.
Key Selling Points
- Short hours
- Low Stock requirements
- Low working capital requirements
- Strong year to year Growth
- Low Rent
- Long Term Lease in place
- No Direct Competition
- 80% Repeat Work
- Best Location
THIS IS A PROFITABLE, TURNKEY LICENSED CAFE WITH GROWTH POTENTIAL.
The current owners have successfully operated the business for over 1.5 years and are reluctantly putting it on the market due to family relocation. They have set up to operate this business in a simple and straightforward operation model to facilitate effortlessly serving an impressive volume of coffee plus its simple yet delicious menu.
This business has developed a stellar reputation for its excellent menu, selling 20+ kg of coffee weekly and is supported by a team of reliable and experienced staff. Situated in a prime location with excellent growth prospects favoured by a loyal customer database, It is nested in a beautiful coastal suburb of Gold Coast in an area not only popular with boating and fishing enthusiasts but also located to major shopping centres, great restaurants and pretty parkland.
It’s an ideal opportunity to extend trading hours and introduce a dinner service! With numerous new residential housing being built nearby, the area is set to see increased foot traffic and revenue.
Averaged weekly taking around $8,000 with weekly rent of less than $1,000 (inclusive O/G & GST). It enjoys impressive sales that result in solid profits, making it the perfect business for a family operation or owner-operator seeking a sustainable and resilient source of income.
It is a perfect business for the Visa 188A applicant as the owners are committed to provide post settlement training with transitional support.
Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813
Asking $198,000 (negotiable)
Ref. no. BUY2420