Location:
Gold Coast Mc 4217 > Gold Coast > Queensland
Investment level:
$320,000 + SAV
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Under Management, Highly Popular & Profitable Landmark Beachfront Cafe Located At A Coastal Suburb of Gold Coast (Suitable 188A)
$260,000 pa
This popular, well-established, profitable, beachfront, semi under management and high-volume friendly cafe is consuming over 40 kg of coffee per week is generating a handsome passive income of over $250,000+ pa. for the owners for over 5 years.
It is an iconic brand serving a mouthwatering classic Australian menu of signature entrees, breakfast and lunch supported by a team of friendly, experienced and reliable staff. Owners only need to attend to this business less than 10 hours weekly mainly on the backend administration works.
It has been a popular Eatery and social gathering place in the locality and a "go to" place for food and coffee lovers to enjoy barista coffee and cafe-quality food.
Weekly income averaged $15,000 (Lowest $10K & Highest $20K) and rent is reasonable ($2100/week inclusive O/G & GST ballpark) with a lease till 2027 (+6 years option).
Due to health issue, owner has reluctantly decided to offload and committed to offer post settlement training and a smooth ride for the transitional period.
DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.
Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.
No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.
Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.
This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.
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