Busy Cafe With Night Time Potential

Surfers Paradise, Queensland 4217

$499,000

Key Features

AI generated. Contact seller to confirm.

  • Strong and consistent weekly sales trending upwards
  • 20% net profit with cogs under 28%
  • Liquor licence included for bar trade
  • Recently refurbished stylish interior
  • Pizza oven installed but not currently utilised
  • Open 7 days; opportunity to extend trading hours
  • Turnover: $30,000 weekly (previously $29,000)
  • Net Profit: $20% net profit
  • Rent/Lease: $125,835 per annum gross (incl outgoings and marketing); lease expires 30 Jan 2029; 1 x 3 year option; annual increases 2%
  • Stock Value: Not disclosed
  • Established: Over 13 years

Business Details

Business Category Restaurant

An excellent business for an investor or owner operator alike. Strong and consistent weekly takings of $30,000 ($29,000) gross, 20% net profit, cogs under 28% and a loyal team working to KPIS and incentives. A recently refurbished stylish interior, lending itself to breakfast, lunch, dinner and bar trade with Liquor Licence included.

Strong and consistent weekly sales, trending upwards year on year" over 13 years, a central location, and rent under 10%. This is a highly systemised cafe, run under management with a pizza oven installed but not currently utilised. The potential is endless. Open 7 days per week, no nights.
An excellent business for an investor or owner operator alike. Strong and consistent weekly takings of $30,000 ($29,000) gross, 20% net profit, cogs under 28% and a loyal team working to KPIS and incentives. A recently refurbished stylish interior, lending itself to breakfast, lunch, dinner and bar trade with Liquor Licence included.

Strong and consistent weekly sales, trending upwards year on year" over 13 years, a central location, and rent under 10%. This is a highly systemised cafe, run under management with a pizza oven installed but not currently utilised. The potential is endless. Open 7 days per week, no nights.

Staff No
Kitchen:
Head Chef - Full time on Salary
Chef - Casual 25-30 Hrs
Kitchen Hand - approx 25 hours - Casual

Front of House:
Owner - 1 - 4 Hours per week on average
Manager (Service, Rosters, Training, Ordering) - Casual 35-38 hours per week

Waitpersons:
- 5 x Casual Senior Staff (approx 15-38 hours per week each)

Weekend Staff:
- 2 x Junior waiter casual (approx 8 - 10 hours per week)
- 1 x Junior kitchen hand casual (approx 10 - 12 hours per week)
A multi-skilled and versatile team

Lease Info
Expires 30th Jan 2029
Options 1 x 3 years
Rent and outgoings - approximately $125,835 per annum gross (incl Outgoings and marketing)
Annual increases - 2%

Trading Times
Monday to Friday - 6am to 3pm
Saturday - 6am - 1pm
Sunday - 6.30am - 12pm

Size of Premises
Premise (internal) - 104 m2, 66m2
Licensed al fresco area (external) - 66m2
Total seating capacity; inside and out 84 (can fit 100)

Opportunity
-Increase trading hours - Open nights (High Demand)
-Focus on advertising and marketing via website / social media and other
-Add delivery services
-Add weekend surcharge in line with competition.
-Operate Dark kitchen - currently no nights
-Pizza oven (gas and wood fire) has not been used, potential to reinstate

What's Nearby

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GSE Hospitality Brokers GSE Hospitality Brokers
Matt Lane

Bsale ID: 675737

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