Top Rated European Cafe Restaurant Sunshine Coast
About this business for saleTop Rated European Cafe Restaurant Sunshine Coast
LINK is proud to present Sunshine Coast’s #1-rated northern European café-restaurant, situated close to the heart of the new Maroochydore CBD & Sunshine Plaza, the buzzing Ocean St/Duporth Ave entertainment precinct & vibrant beachside lifestyle hub of Cotton Tree, serving a fabulous range of authentic home-style treats 5 days per week, 6.30am-2.30pm Monday to Friday - the perfect lifestyle business!
This popular business offers a delicious choice of favourites such as smörgåsbord (chef’s selection platter served mini-buffet style), classic meatballs with creamy mash, pickles & lingonberry jam, smørrebrød (stacked open sandwiches on dark organic rye), savoury & sweet pannekake (heavenly-light crêpes) & fika, the daily Swedish national coffee & cake ritual – plus a range of healthy & hearty breakfasts, lunches & snacks complemented by top quality Tim Adams & Zoegas coffee, teas, infusions, hot chocolate, milkshakes, smoothies & freshly-squeezed fruit juices.
Launched in 2013 by the Swedish-Aussie owners the business has become a firm favourite with locals, visitors & discerning foodies alike, consistently earning coveted Trip Advisor Certificates of Excellence, top visitor ratings & a well-deserved mention in the Australian Good Food Guide.
The location is prime, with excellent traffic, local businesses & government offices on the same site right in the heart of Maroochydore. An affordable 5 year lease with low monthly outgoings to 2023 plus 3 year option to 2026 was issued in Nov 2018, so an incoming owner can be confident of excellent conditions to grow the business further.
This is an exciting opportunity for an owner-operator or small team to build on the solid foundation of quality & excellent customer service consistently achieved & take the helm at this highly-regarded business - your own healthy northern European foodie heaven right here on Sunshine Coast - asking just 1.6x FY18 earnings and with excellent scope to expand!
Business asking price: $175,000 + SAV
Approx stock value: $3,500
Industry: cafe; coffee shop; restaurant; takeaway
Location: QLD; Queensland; Sunshine Coast; Maroochydore;
+61 7 5479 6155
+61 415 356 170
*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.