Summary
Established in 2009, main retail strip of Kingscliff. Average weekly turnover $18.5K over the last 3 years. Business for sale $380K. SAV approx $100K. Liquor License transfer available, $130K.
Revenue
$960,000 pa
Rent
$57,200 pa
Expenses
$135,000 pa
Net Profit
$130,000 pa
Location Details
32 Marine Parade, Kingscliff
Main retail strip, beach front, ample parking.
Potential
Would suit private or public operator
Skills
New A/C, new refridgeration, new Alarm and monitored CCTV.
Hours
open 7 days
Lease
3+3 or 5+5 available
Employees
3
Reason for Sale
Owner contemplating retirement, Freehold available $850K
About the Business
Operating since 2009, constant growth due to expanding town, many regulars and tourists trade.
History
Owner operator since 2009, prior to 10 years in Brisbane, well managed with 3 staff.
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