$198,000 (negotiable)

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

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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!
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