Summary
A golden opportunity in Redland Bay with $457K revenue and $116K profit potential.
Revenue
$457,566 pa
Expenses
$130,128 pa
Net Profit
$116,300 pa
Location Details
Redland Bay
Potential
Great potential to expand.
Skills
Previous chefs, cafe owners, and hospitality experience is an advantage.
Hours
7 Days
Lease
5-years
Reason for Sale
Retirement.
About the Business
Discover a remarkable opportunity in Redland Bay, a thriving café boasting $457K in revenue and $116K in profit potential, set in a generous 150m2 space secured under a Redland City Council lease. This presents a rare chance for a seasoned chef or experienced café owner to elevate a well-established business to unparalleled heights. With the current owner's retirement, the door opens for ambitious individuals to carry forward and expand upon a legacy of culinary excellence and community connection.
Key Highlights
Secure Lease & Large Premise: A prime 150m2 space ensures a prominent presence in the community with Redland City Council as your professional landlord.
Solid Financials: With $457K in revenue and $116K in potential profits in FY 2023, the café is primed for success for the right buyer.
Quality Offerings: Known for its artisan coffee and gourmet meals, inviting further culinary creativity.
Chic Tropical Decor: Features leafy wallpaper, rattan chairs, and wicker shades. Offers cozy indoor, balcony, and courtyard seating under a fig tree.
Opportunity for Expansion: Potential to diversify offerings, such as adding a website, re-introducing alcohol to increase revenue, and extending operational hours.
Ready for Immediate Takeover: Equipped with modern amenities for a smooth transition.
Staffing Support: The new owner will have the flexibility to select and manage a dedicated team aligned with the café's vision. The current family staff can assist for a few weeks post-sale upon mutually agreeable terms until a new owner has found staff.
This opportunity is ideal for cafe owners wanting to expand, experienced hospitality staff, and driven entrepreneurs ready to grow and expand and grow this cafe.
Secure this opportunity today and enquire!
Message to all Buyers: For further information, please submit your inquiry here first. Upon submission, you'll receive a confidentiality agreement via email to sign and proceed.
Sunset Business Brokers
Jade - 0432742038
History
2019.
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