SEMI UNDER MANAGEMENT, PROFITABLE ESTABLISHED BEACHFRONT CAFE WITH OVER 0.8M SALES PA. & CLOSE 1 PM DAILY

This popular, well-established, profitable, beachfront, semi under management and high-volume friendly cafe is consuming over 40 kg of coffee per week is generating a handsome passive income of over $250,000+ pa. for the owners for over 5 years.

It is an iconic brand serving a mouthwatering classic Australian menu of signature entrees, breakfast and lunch supported by a team of friendly, experienced and reliable staff. Owners only need to attend to this business less than 10 hours weekly mainly on the backend administration works.

The cafe is located in the upmarket costal precinct of Gold Coast neighbouring with numerous exclusive waterfront properties that sell for millions. The area is s renowned for its casual coastal culture and the premise is ideally located in the hub of tourists and affluent consumers with abundance of passing foot traffic and a cozy and welcoming ambiance. Perfectly designed to provide the perfect coffee catch-up spot or " breakfast and lunch destination.

It has been a popular Eatery and social gathering place in the locality and a "go to" place for food and coffee lovers to enjoy barista coffee and cafe-quality food. This cafe has built a strong reputation as the go-to café in the ever-growing residential in the vicinity.

Weekly income averaged $15,000 (Lowest $10K & Highest $20K) and rent is reasonable ($2100/week inclusive O/G & GST ballpark) with a lease till 2027 (+6 years option).

This cafe is managed by experienced staff and knowledgeable Baristas offering a wide range of delectable coffee options, tasty snacks, and light meals to cater to diverse customer preferences. The team is well-trained, reliable, and passionate about delivering exceptional service to customers.

Due to health issue, owner has reluctantly decided to offload and committed to offer post settlement training and a smooth ride for the transitional period. This business is perfect for working partners, 188A Visa applicants and husband/wife team who is motivated to have the best return on investment.

Contact Henry Chow

Asking $320,000 + SAV

Ref. no. BUY2458

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The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

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This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

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