Cafe in Major Shopping CentreListing: #GC00784
About this Business for sale in Tweed CoastCafe in Major Shopping Centre
Established since 2013 by current owner.
Well presented with large indoor and outdoor seating areas.
New lease commenced December 2021 with option periods and reasonable rental.
Well-equipped no money to spend on upgrades.
Current turnover in excess of $15,000 per week.
Run under semi management with full kitchen and floor staff in place.
Trading 7 days per week from 7.30am to 3.30pm with local repeat clientele.
Ideally suited to an owner/operator to save on management wages and achieve a higher net profit.
Owner motivated to sell after 8.5 years; all reasonable offers will be submitted.
Asking Price: $250,000 + SAV
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00784 and click on the ENQUIRE NOW button.
For full details contact Guy Cooper
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.