High Profile CafÉ-licensed Restaurant Southport.

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Southport, Queensland 4215

$109,000

Key Features

AI generated. Contact seller to confirm.

High profile café-licensed restaurant
Seats up to 100 patrons
Specialises in upmarket food and service
Local office food catering specialty
Modern plant & equipment valued at $50,000
Potential for growth through marketing and website development

Turnover: $330,000
Net Profit: Not disclosed
Rent/Lease: Lease in place, current rent approx. $4,950
Stock Value: Not disclosed
Established: Over 10 years

Business Details

Business Category Cafe

Business Details

• Current owner has owned and operated this thriving coffee business for over 10 years.
• Located in the parklands region of Southport.
• Licensed restaurant/coffee cafe, seats up to one hundred loyal patrons, including 60 al fresco operates 5 and a half days per week.
• Specialising in high quality upmarket food and service to local business patrons, health professionals, banks, solicitors, accountants etc.
• Some local office food catering a specialty.
• Current lease until November 2021 with 5-year option available.
• Rent approx. $4,950 including outgoings and GST.
• Currently re-negotiating rent
• Modern plant & equipment ($50,000.)
• Owner will assist to a smooth transition.
• Turnover approx $330,000 PA. Genuine taxation financials will only be provided to genuine qualified purchasers upon inspection.
• Potential for growth includes social networking marketing and web site development.
Owner is looking at retirement and will consider offers around $109,000 + SAV.
Price: $ 109,000.00 + SAV Negotiable