Fully Managed Cafe in Gold Coast Central Location
About this business for saleFully Managed Cafe in Gold Coast Central Location
Net Profit $85,598 (Managed).
* Prime location in busy area of Gold Coast
* Open five and a half days per week for breakfast and lunch
* Business operates under full management with loyal staff in place
* Extremely low overheads. Rent is only $1,600 per month
* Strong and consistent trading history – owner willing to trial
* Turnkey operation with good systems and procedures in place
* Huge potential for further growth with office delivery service
* New owner can work the business for $133k net profit or keep the cafe as a managed investment
* This business presents extremely well. Inspection is a must!
Asking Price: $125,000 plus Stock ($4k)
For further information please complete an online confidentiality agreement by clicking on the ENQUIRE NOW button.
For full details contact 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.