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Coast Roast Coffee Cairns Esplanade For Sale

Cairns City, Queensland, Australia
Asking Price:
$790,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

The iconic Coast Roast Espresso Bar was founded over 20 years ago and during that time has proven to be a Cairns institution. Now reaping the benefits of the recently completed Cairns Esplanade Dining Precinct, the business is strategically located on one of the acknowledged best sites in Cairns, overlooking the pristine Lagoon and Fogarty Park. Situated on one of the only four corners of The Esplanade, Coast Roast Espresso Bar is within a stone’s throw of many major Hotels, including the new Oaks Hotel and Crystalbrook Trilogy.

Coast Roast Espresso Bar has displayed great resilience throughout the COVID lockdown - plus ongoing roadworks which are now completed - and enjoyed the continued support of loyal Cairns locals.

Other features of the business opportunity include:
• Heavy pedestrian foot traffic from both The Esplanade and Shields Street corridor
• Close proximity to the Reef Fleet and Coach Terminals, Cairns Cruise Liner Terminal and Reef Casino
• Great mix of repeat local and tourist clientele with seating for 80
• Lease expires 20-02-2028, with a 5-year option at favourable rental
• Turnkey operation with all procedures in place
• New website featuring online and takeaway orders
• All Cairns events (Targa, Festival Cairns, Marathon, Cairns Ironman etc.) are conducted directly adjacent
• Fully licensed
• Open 7 days a week
• Fully trained staff
• Outstanding business reputation with glowing social media reviews
• Potential to increase evening trade via menu diversification

Rarely do business opportunities arise in such a tightly held, premium location. Coast Roast Espresso Bar is perfectly positioned to capture the Esplanade footfall. With increasing vaccination rates and the end of lockdowns looming, hands-on operators, extended families and passive investors are urged to secure their future NOW!

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