Price
$1,100,000 plus stock
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Queensland, Gold Coast Region
Category
Food/Hospitality
Listing #
12401
Net Profit $495,000 (fully managed)
* Over 100kgs of coffee per week with annual sales reaching $1.7m
* Extremely busy establishment – very popular name on the Gold Coast
* Prime location with unbelievably low rent – ONLY 2% OF TURNOVER
* Current lease has eight years remaining – rent is only $600 per week
* Very strong trading history – showing increased sales of $120,000 to $150,000 per month
* Business operates under management with fully trained staff
* Strong systems and operational procedures in place
* Massive undercover outdoor area which seats over 100 people
* Huge potential for further growth if new owner does evening trade
Asking Price: $1,100,000 plus stock ($5k)
For full details contact Guy Cooper.
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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