Cafe - hurry!! profitable shop under bargain price at well known upmarket!!

7 days ago

Private Seller

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Summary

Rare opportunity! Busy popular well long estabilished cafe is going to sell! - Strong local regular customers base! - Plus well fame place for tourists both interstate and international.

Revenue

$9,000 pw

Rent

$1,100 pw

Expenses

$2,000 pw

Net Profit

$2,600 pw

Location Details

15 - 21 Via on Roma
Located Isle of Capri, closed from Surfers Paradise

Potential

The shop was the first business to start when this centre was built.It has a prime location in a well-known upmarket supermarket and is supported by regular local customers.
It has recently become even busier with the entry of a certain well-known supermarket as the main anchor, and during the holiday season it is crowded with customers from other states and abroad

Skills

It is advisable to have coffee making and light cooking skills for when staff are unavairable, but these are easy to learn once you start, but management skills are definitely required. No qualifications are required
*Not for 419 Visa due to combine figures on our company tax report from other business.

Hours

5:30am till close early at 2pm on weekdays
and half day on Sat from 6am to 1pm, Sun from 6:30 to 12pm

Lease

The current lease expires on Dec 24, a new contract after expiry is a 5y renewal for $52000 ($1100 per week, incl GST).

Employees

The operation is run by few casual and two Jr staff who work weekends and school holidays as required and are supported by the owner.

Reason for Sale

Prepare for retirement for family, move into oversea

About the Business

- The shop first opened when the centre was built. It is in a prime location for a well-known upmarket and is supported by regular local customers, is located near by Surfers Paradise.

- More recently, a well-known supermarket has moved into the centre as the main anchor, making it even busier. During the holiday season, the centre also attracts customers from other states and abroad.

-The lease expires in December 24, but the lease renewal is guaranteed, as given the writing draft from the landlord now.

- The shop is open until 2pm on weekdays and only half a day on weekends( Sat 13:00 and Sun 12:00), but you can always extend the opening hours to generate more sales.

-This cafe is Running by few casuals and couple of Jr mainly and, supported by a owner, if it requires (around 12h to 15h)

- The owner has run the café for nearly seven years successfully! He now plans to retire to make room for his family.




History

The current owner has run the business for six years and is the third generation, you will be the fourth owner. This shop was the first one to operate after the centre was built and never fail!!

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