For Sale $98,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

QLD

For Sale $98,000

Business Details

Cafe - Franchise - Takeaway - Restaurant - Oliver Brown - Gold Coast Queensland

\nCafe - Franchise - Takeaway - Restaurant - Oliver Brown - Gold Coast Queensland - Agent SBX Code Number: SF1223

Oliver Brown Cafe- takeaway franchise selling a large variety of hot beverages, plus a wide selection of chocolates. - Also offering a good variety of hot chocolate, iced coffee, cold drinks, fondues, waffles, churros, crepes, Ice cream, light snacks and sandwiches. - Coffee sales 20-23 kg. p.w. and 40 kg p.w. of chocolate drinks - No heavy cooking. - 20 seats outside 50 seats inside.

Potential
Continue to grow the business - An owner operator could reduce wages and increase sales and profit - Increase social media presence and do some local advertising-

Features
Beach views - Stunning beachfront location- Covered outdoor area - Nothing to spend - Easy to run - Lots of foot traffic- Great quality coffee and chocolate - Popular with locals and tourists.

Premises
Beautifully presented waterfront cafe with indoor and outdoor seating and an area of 145 sq. mts.

Location
Situated very close to the beach In the heart of a popular tourist and holiday destination on the Gold Coast under a luxury 77 level building.

Trading Hours
7 days - Mon. - Thurs. - 8 a.m. - 11 p.m. - Fri. - Sun. - 8 a.m. - 12 a.m.

Lease
Current lease expires Dec.2022 + 8 year option - 4% increases - 3 month bond

Employees
1 Manager + 1 full timer + 2 part-timers + 3 casuals

Comments
Misc 1 - Franchise fees. - Misc 2 - Other General expenses. - Franchise fees 4.5% and 2% marketing. - Strong evening trade 7 pm till 10 pm. - Currently run under management. - The managers wage has been removed and shown in profit. - Outgoings are included in the rent. Would also suit a couple to further increase profit. - Original fit out cost over $300k with quality inclusions - One of our best opportunities and priced to sell - This is a must to inspect but please be discreet. - Commonwealth Games will be held in 2018, perfect opportunity for huge exposure.

Figures
Weekly Sales $13600
Rent (ex GST) $3389
Wages $3100
Profit $2407

Agent SBX Code Number: SF1223 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $7993
  • Business Selling Price: $98000
  • Trading Hours: 7 days - Mon. - Thurs. - 8 a.m. - 11 p.m. - Fri. - Sun. - 8 a.m. - 12 a.m.
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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