$160,000 (WIWO including $6,000 worth of Stocks)

Total Under Management, Profitable, Popular Cafe In A Fantastic Location Just Moments From The Ocean

Short Summary

Thriving costal cafe nested in a most popular GC suburb is beautifully-appointed with a contemporary ambiance & consuming 40kg weekly coffee beans

Key Selling Points

  • Under Management
  • Passive Income
  • Low Overheads
  • Low Stock requirements
  • Cashflow Positive
  • Non-hands on Owner
  • Long term Management and Staff in place
  • Strong year to year Sales
  • Low Rent
  • Long Term Lease in place
  • Simplistic business
  • Clean business
  • Clean financials
  • 80% Repeat Work
  • High foot traffic location
  • High visibility location
  • Booming Business!
  • High percentage of organically driven sales
  • Short Trading Hours

This beautiful, profitable and popular cafe is situated in an upscale suburb of Gold Coast with a prime beachfront location that is home to some of the city’s most expensive properties with median house prices in the suburb are $3,400,000.

The owner established this cafe in 2023 and trust it with a team of hospitality professionals headed by a full time Manager who has been running the ship almost since the debut of the cafe. It is very popular with the locals, boaties and holiday makers who have been enthusiastically devoted to its unique signature range of cakes, superior quality coffee, delicious gourmet sandwiches along with its exceptional customer service. The manager has maintained the highest standards of quality and taste to acquire an extensive client base.

The shop has a long lease till 2028 with another 5 years option and a weekly rent of $1,800 (inclusive of O/G & GST). The landlord is friendly and supportive to the business as it helps to boost the popularity of the location.

Weekly income is averaged at $13,500 with weekly net profit of $2,200+ ballpark which is generating a handsome passive income for the owner who is reluctantly to offload but due to his new career plan and personal reason.

The owner does not go and work there, it is a total under management business.

All wages payments are above board so the business has clean financials and a very simplistic operation model. With all the proven business systems in place, this is the best opportunity for hospitality-driven entrepreneurs or anyone who is passionate and people-friendly to own this cafe and to take it to the next level capitalising on its success.

This is also a perfect business for the overseas migrants who need to buy a local business to satisfy their 188A Visa applications.

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

Asking $160,000 (WIWO including $6,000 worth of Stocks)

Ref. no. BUY2491

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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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