Licensed café in Burleigh Heads. Daytime trade, long lease | $249,000 plus stock

Today, 12:00pm

Location:
Burleigh Heads 4220 > Gold Coast > Queensland

Investment level:
$249,000 + SAV

Type:
Business

Industry:
Food & Drink > Coffee, Cafes & Restaurants

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Internal Ref: BHOML006

Summary

Licensed cafe. Indoor/outdoor seating, on-site customer parking, multiple unused areas for functions, evening trade, or approved sublet. Long lease, cheap rent - 2.5% Increases.

Revenue

$15,549 pw

Rent

$1,392 pw

Net Profit

$1,149 pw

Location Details

Burleigh Heads - 300m2 - Indoor / outdoor dining - private carpark with approximately 10 car spaces / up to 15 for evening trade

Potential

Exceptional long-term lease with cheap rent and modest annual reviews (lower of CPI or a small fixed cap - 2.5%)
Boundless options for nighttime trade, delivery, ghost kitchen and easy access with a dedicated drive in/car park for quick grab and go.
Current rent concessions with Landlord approved sublet space
Futher sublet opportunities to create your own creative hub / work space
Liqour license in place with dual beer gardens - surrounded by creative undustries
Vastly underutilised venue with many options for multiple revenue streams

Hours

6 days - 6am - 2pm - screaming for night time trade

Lease

Expires August 3031 - 2 x 5 year options

Employees

7

Reason for Sale

Owner has relocated over seas.

About the Business

Exceptional opportunity with a modern on brand offer. Servicing both an industrial and residential area. Site like this are increibly rare with it's own dedicated parking area directly outfront and beneath the venue. Indoor and out door dining - huge kitchen with production potential added to daily service. The business sit just outside of the James St precinct with easy access for locals, take away pick ups and delivery drivers.

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