Cafe / Deli in Upmarket Residential AreaListing: #GC00496
About this Business for sale in Gold CoastCafe / Deli in Upmarket Residential Area
Solid business after 7 years with current owner/operator.
Great lease on 10% rental of Revenue.
Fully equipped kitchen & counter service display with modern decor.
Large indoor and outdoor seating areas undercover.
Regular repeat local clientele.
Excellent exposure fronting a major retailer with over 72,000 customers weekly.
Current turnover over $20,000 per week
Showing a net profit to owner operator $196,000 pa.
Selling due to new business venture commitments in Northern NSW.
Asking Price: $350,000 + SAV
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00496 and click on the ENQUIRE NOW button.
For full details contact Baz Sanjakdar
+61 7 5572 2122
+61 412 488008
*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.