Café & Coffee Lakefront Position Gold Coast For Sale - $475k + Sav

Café & Coffee lakefront position Gold Coast For Sale - $475k + SAV
Closes at 2pm daily. Established 9 years. Location is critical to the success of any café. It is difficult to imagine a more perfect position than this café enjoys. Lake front, ample free parking, surrounded by the Gold Coasts largest, and still growing, residential suburbs - over 80% of clientele are regulars. Very popular with the parents of children that attend the large childcare centre next door and the State School only a short walk away – this is a PROVEN, SUSTAINABLE and HIGHLY PROFITABLE business.
Weekly takings are in excess of $20k. Generating in excess of $200k pa for the part-time owners, and the business is primarily operated by the 9 experienced staff.
Although there is seating for 100, customers are naturally attracted to the ALFRESCO seating for 80 which, under a covered deck, allows them to enjoy the relaxing water views.
This business is run to suit the owner’s lifestyle and there has been no attempt to promote the business as it benefits from the best kind of marketing – word of mouth. However, for a new owner, the potential to quickly and profitably grow is real and demonstrable. Specifically, harnessing the marketing power of social media combined with music and liquor licenses both of which have been granted in the past.
Some key additional facts:
Modern, fully equipped commercial kitchen
Instant cash business - no debtors
Experienced employees keen to remain with the business
Long lease with options to renew, rent equates to 5% of sales!
Trading hours on selected nights could be extended – another option.
May be suitable for Small Business Owners pathway (491 visa)
This is a superb opportunity to purchase a long established, cash positive, well-known local business - the current owners are committed to a successful transition; are highly flexible in terms of what the handover would look like and prepared to offer extensive training/on-going support making this the perfect opportunity to become your own boss.
$475k + SAV
Eamonn Bicknell: XXXXXXXXXX