Sold! Popular Cafe-bar, Restaurant – Tamborine Mountain, Qld

Business ID: BS148760

Fully Under Management, Profits $63,544 + Sale Price: Offers above $125,000 WIWO

Gabby’s Café-Bar is a manifestation of a vision; presents an opportunity to capitalize on the hard and passionate work of the owners. It’s a popular place for locals and tourists of all ages.

This business has generous space inside and outside with a seating capacity of 45. Situated next door to a school and close to the local council park, overlooking a spectacular view, this Cafe/Bar is a not to miss opportunity.

-Under management profits $63,544 for the past 12 months
-Return to Owner operator could be more than $150,000
-Popular place locally and for visitors
-Filling the gap of convenience and variety in the region
-30 minutes drive to beautiful beaches of Gold coast
-Upside potentials with multiple opportunities
-Hospitality qualification/experience is not a mandatory
-Long history of presence
-Start earning from day one of the acquisition

As the business is managed remotely by the current owner, they are happy to support new incoming owners with the necessary training and handover for 2 week smooth transition.

This business is suitable for an investor with managerial expertise or owner operator to capitalise hard work of current owners.

Asking Price: The business is available for offers above $125K on WIWO basis which includes assets worth $69,880, stock at hand and goodwill.