Phone: 1300 366 521
Mobile: 0418 860 927
Benchmark Business & Commercial
24/213 Greenhill Road,
Eastwood, SA 5063
Phone: 1300 366 521
Fax: 08 8274 3799
Food/Hospitality for sale
UNDER FULL MANAGEMENT- licensed Café in prime location Southport, Gold Coast
Passive income of $250,000 a year for globe-trotting owners!
A rare opportunity to purchase an established Licensed Cafe/Restaurant, the location and quality retailers in this high profile destination complex assures a constant stream of traffic and this Cafe not only has great exposure, it is the only eatery that offers alfresco dining.
Sales: Averages $1.2 million plus for the last 3 years (average $23,600 pw in 2015)
Financials: 3 years of financials available to qualified buyers
Rent: $425 per square metre plus huge exclusive use alfresco courtyard
Trades: 7 days a week 7.30 – 4.00
Staff: Fully Managed apart from wages and paperwork
Sales Reason: Owners wanting to retire and travel the world
Although owned by experienced operators for the last few years they readily admit that for the last 18 months they have been enjoying the fruits of their labour and spend a lot of time travelling the world. The business is under full management so requires little attention from them and the income offers them an enviable lifestyle.
The combined space of 280 sqm internal area, with bonus exclusive use courtyard, offers the perfect venue for functions, there is usually a couple a month but hands on operators who drive marketing in this direction could certainly grow this very profitable side of any food business. Close to the Gold Coasts elite private schools this complex is frequently supported by school Mums and we all know that they are great net workers, another growth area to market to.
Open daytime only from 7.30 to 4.00 offers a great lifestyle. Hands on owner (1 person 38 hours) would add (approx) $52K to the bottom line. Owner participation could certainly make this business grow further and also increase what is already a very healthy bottom line.
This Gold Coast Café for Sale is offered at a price of $575,000
- Business Category: Food/Hospitality
- Business Sub Category: Cafe/Coffee Shop