Award Winning Espresso Bar & Cafe / Gold Coast
About this business for saleAward Winning Espresso Bar & Cafe / Gold Coast
Net Profit $185,279
* Established five years in extremely popular location on the Gold Coast
* This cafe is exceptionally well-known for its fantastic coffee and food offerings
* Open 7 days per week from 6:00am to 2:00pm
* Owner works 6 days per week
* Consistent sales of $17k+ per week
* Very popular destination for locals and tourists – seats 100 patrons
* Strong trading history showing increases every year
* Business has won various awards from Beanhunter, TripAdvisor and GCCC
* Undoubtedly one the busiest establishments in the area
* 3 x 3 x 3 year lease with unbelievably low rent – only $800 per week
* Excellent systems and procedures in place
* Fantastic opportunity for new owner to capitalise on evening trade
* This business presents extremely well. Inspection is a must!
Asking price is $290,000 plus SAV($6k)
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00488 and click 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.