Espresso Bar & Cafe / GC Prime LocationListing: #GC00488
About this Business for sale in Gold CoastEspresso Bar & Cafe / GC Prime Location
Net Profit $185,279
* Established for over 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 6am to 2pm
* Easily operated with good staff and simple systems and procedures in place
* Consistent sales of $18k+ per week and growing
* 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 3year 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: $249,000 + 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.