Long Established, Very Profitable Café In Prime Location - $475k + Sav

Business For Sale Coomera, Queensland 4209

Business Category Cafe and Coffee Shop Catering Restaurant Takeaway Food

$475,000

Description

Long Established, Very Profitable Café In Prime Location - $475k + Sav

Long Established, very profitable Café in prime location - $475k + SAV
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 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 center next door and the state school a short walk away - it seems all these owners have to do is open their doors for the business to be successful.
Weekly takings are in excess of $20k. Generating on average $200k pa for the part time owners the business is primarily run by nine experienced staff.
Although there is seating for 100, customers are naturally attracted to the outside 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 stay with the business
Long lease available with options to renew
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
Contact Seller
Johnston Business Sales

Bsale ID: 644799
Broker REF: 9070

Johnston Business Sales
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