REF: 1720
A fantastic opportunity to acquire a mature and stable café located in a well-established community shopping centre in Gold Coast North.
The café has been operating for 11 years, with the current owners successfully running the business for the past 6 years. It occupies an excellent outward-facing position near the entrance of a major supermarket, giving the café strong visibility and consistent customer traffic.
The supermarket opens from 6:00am daily and closes only two days per year, helping to generate reliable foot traffic throughout the year.
BUSINESS OVERVIEW
The café offers a total of 36 indoor and outdoor seats.
It features a large commercial kitchen equipped with an exhaust system, dishwasher, oven and other essential equipment.
The business is well equipped, with approximately half of the equipment purchased or replaced within the past year.
The café also operates through two online ordering platforms.
TRADING AND TURNOVER
The café trades 6 days per week.
Average weekly turnover is approximately $10,000, with higher sales during peak seasons.
RENT AND LEASE
Weekly rent is $1,381, including outgoings and GST.
Weekly water and electricity costs are approximately $229 plus GST.
The lease has approximately 2 years and 8 months remaining.
Rent increases by approximately 4% per year.
STAFFING AND OWNER INVOLVEMENT
Weekly wages are approximately $3,000, including around $2,500 paid to the two owners.
The current operating structure makes this business particularly suitable for a couple or small family looking to work together and retain more of the wage income.
REASON FOR SALE
The owners are selling due to other business development plans.
ASKING PRICE
$150,000 plus inventory.
This is an excellent opportunity to acquire a long-established café with a prime supermarket-entrance position, a fully equipped kitchen, stable local trade and strong potential for a hands-on couple or family.
Ref: 1720
