Internal Ref: BUY2513
Summary
Located right outside coles and in a busy central Gold Coast centre. This is not a Westfield and is independant, with cheap rent, and a fantastic landlord to deal with.
Revenue
$700,000 pa
Net Profit
$160,000 pa
Potential
The location is fantastic, the food is great, but some fresher more ocean like colours on the exterior of the shop would really see the loclas back a new owner.
There is a large Netball facitlity being expanded through Government grants as we speak. 20 new Netball Courts going in right accross the road and every weekend these courts will be full. Walkways are being built between this and the shopping centre which should briing a lot more traffic.
Skills
Everything is bought in and already filleted, so no special skills required besides basic business accumen.
Reason for Sale
Retirement and Health. OWner in his seventies.
About the Business
This is one of the best locations you will ever stumble accross with Coles as your Ankor day in day out, how can you lose ?? The owner works part time and has great staff to help with the day to day.
Fantastic fitout with nothing to do besides perhaps giving it a lick of paint and maybe some new stickers on the window with brighter less garish coolours. I think the locals will really appreciate a new owner putting in the effort, and should translate into a lot more sales. That said, what a good turnover for a community shopping centre, obviously driven by the location, so the question is, what is possible in a location like this?
There are other food options next door and just around the corner, but it is not over crowded, and this is the number one location literally on the Coles Door Step.
Be quick and make an offer. The seller must sell, and it will be first to hit the right mark wins.
The seller may consider a little vendor finance, but there would need to be a significant cash injection into his pocket for him to entertain this idea.
Enquire Now!!!
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