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Refer to Broker
Refer to Broker
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
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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