REF: 1696
A fantastic opportunity to acquire a well-established café located in a mature Gold Coast community centre. The business has been operating for 10 years, with the current owner successfully running it for the past 3 years.
The café enjoys a stable local customer base, attractive street-front outdoor seating, and convenient parking behind the premises. With strong weekly sales, exceptionally low rent, and lifestyle-friendly trading hours, this business is ideal for an investor, couple, or hands-on owner-operator.
BUSINESS OVERVIEW
The indoor area is approximately 40 sqm, with extensive outdoor dining space. There are approximately 17 tables in total.
The café currently operates 7 days per week from 6:00am to 1:30pm. The early closing time provides an excellent lifestyle and leaves the afternoon free for family commitments.
The business is currently listed on one delivery platform.
FINANCIAL INFORMATION
Weekly turnover is approximately $19,000 to $20,000.
Weekly cost of goods is approximately $5,000.
Weekly wages are under $6,000.
The business generates approximately $120,000 in annual net profit without owner involvement. A couple or hands-on owner could potentially increase returns by reducing wage expenses.
RENT AND LEASE
The rent is only $1,000 per week and includes outgoings, water and GST.
The rent increases by approximately 3% to 4% per year.
The lease has approximately 3.5 years remaining, with a further 5-year option available, providing strong long-term security.
BUYER SUITABILITY
This café is particularly suitable for an investor seeking a stable managed business or a couple looking to operate the café themselves and retain more of the wage savings.
REASON FOR SALE
The owner is selling due to other business commitments.
ASKING PRICE
$450,000 plus inventory.
This is a rare opportunity to acquire a strong-performing café with excellent turnover, low rent, a long lease, stable customers and convenient operating hours.
Ref: 1696
