Price
$485,000 plus stock
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Queensland, Gold Coast Region
Category
Food/Hospitality
Listing #
13321
Net Profit $175,623
* This extremely busy cafe operates under full management with longstanding staff
* Established for 14 years in one of Gold Coast’s most sought after locations
* Business runs like clockwork with strong systems and procedures in place
* Extremely low rent equates to only 5.5% of turnover. Very difficult to find such reasonable rent in this popular area
* Consistent sales of around $25k per week and even busier during the peak seasons
* Currently trades for breakfast & lunch only and seats over 100 customers
* Business has full liquor licence and offers a fantastic opportunity for new owner to increase turnover by opening for evening trade
* Strong cash business – owner will allow potential purchaser to trial
* This business will not last long.
Asking Price: $485,000 plus stock ($3k approx.)
For full details contact Guy Cooper or Myron Plumb
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
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