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Under Contract Great Gold Coast Cafe For Sale

West Burleigh, Queensland, Australia
Asking Price:
$160,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
Available on request

A historic location just behind one of the most popular central Gold Coast beaches. Tapping into the local café culture and foodie trends. It also offers a local licence bar option. Loyalty built on near 10 years dedicated service to locals & tourists alike.

The owner has established a local destination for coffee and food or just to chill while doing some work on your laptop with the café wifi.

The café has done up to 20kgs of beans in a week as well as chai, turmeric and beetroot derived drinks which can rival coffee sales on some occasions. The usual café offerings are carefully selected to ensure they are on trend and so always popular.

Meals are of superb quality and have a large organic slant with great ratings through-out all social media and online review sites.

The lease space includes multiple rooms and the new owner can decide if both or just one space is required for their plans. With both spaces it is suitable for holding small to large functions. There is also footpath dining and an overall unique laid back relaxed setting that is hard to match anywhere let alone on the Gold Coast.

Location taps into local customers and is also on a high traffic tourist route with great passing trade as well as being close to a commercial area which provides numerous customers for breakfast , lunch or just coffee.

The owner has already made her change to a new lifestyle and while only working about 15hrs each week must sell to focus fully on her new endeavours.

Staff are excellent with the owner able to take extended leave periods and trust the loyal employees that have been fostered in the business.

Key Points
• Bouncing well post covid sales weekly average $11-$12,000
• Simple Café Business Proven Profitable over 10yrs
• Local, Tourist and day tripper trade
• Great lease options with large floor space and suitable for functions or reduce and focus on café and takeaway?
• Great reviews
• Great reliable staff, able to manage the business on their own.

Property Information

Real Estate:

Lease

Lease Terms:

Flexible options to be discussed

Leasehold Rent:

$59,268 (AUD) per annum

Location:

Set not far from one of the Coasts hottest café precincts. Feeding off this café culture as well as its own attraction as a venue.
Close to commercial area as well which affords plenty of customers during the week.
On a main thoroughfare that locals and tourists frequent alike.

Premises Details:

Two leases in an iconic building in the area. The venue is attractive for café, restaurant and function activity. Lease flexibility offers the option to reduce rent and trade just as a small cafe or maintain full area for evening functions and bar opportunity.

Business Operation

Expansion Potential:

Delivery apps are becoming so popular the menu offerings here could easily attract more business if these apps were to be engaged fully.
Functions and evening trade are also expansion options.

Competition / Market:

Close to a busy café district yet with enough distance to warrant its own destination venue status. Clients are drawn to the venue on reputation or convenience with easier parking

Reasons for selling:

Owner taking on new challenges after 10yrs of success with this cafe.

Trading hours:

Monday 6am – 4pm
Tuesday 6am – 4pm
Wednesday 6am – 4pm
Thursday 6am – 4pm
Friday 6am – 4pm
Saturday 6am – 2pm
Sunday Closed at Present Post Covid

Employees:
7 staff on average working with the owner overseeing for 15 hrs each week.
Years established:
10 Yrs 2011

Other Information

Support & training:

Owner willing to assist with handover process.

Contact Information

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