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Waterfront Contemporary Café – High Turnover & Net at $250K – Semi-under Management!

$475,000 + SAV

  • ID Ref 5030
  • Suburb Brisbane
  • State QLD
  • Status For Sale
  • Waterfront Contemporary Café – High Turnover & Net at $250K – Semi-under Management!

Business Description

Beautiful waterfront Cafe –Modern & Contemporary Settings --Successful and proven Business - Great opportunity!

Price: $475,000 + SAV.

Business Features

- Weekly Taking around $30,000 -$35,000 (varied by season)

- Net Profit over $250K at last Financial Year (July 2018 –June 2019)

- Rent including Outgoings & GST: $10,219 pcm ($2360 pw)

- Great Business: rent and turnover at about 7.5%

- Good Lease: 2 + 5 + 5

- Good quality food is unique, healthy but not complicate

- Social media following is at over 4000 followers just on Facebook in under 2 years

- Semi-under management:

Dedicated staff who run this business without owners daily involvement

- A new modern fit out with whole renovations completed only 2 years ago

- Trading 7 days from 7:30am – 4 pm

- The size of the Cafe seating 160 people

This business benefits on the large seating capacity and liquor licence to hold functions until midnight. The current opening hours are 7am until 4pm with many opportunities to further extend trading hours.


Location

- situated on the foreshore of the Morton Bay Area
- 25 minutes North of Brisbane CBD
- On a very busy waterfront esplanade, looking over magnificent water view
- Plenty of parking nearby
- Busy local and visitor foot traffic, especially during weekend market days

The location in general brings many customers to the Café from Gold Coast to Sunshine Coast and interstate.

The Reason for Sale

The Owners need to move back interstate to an unwell family member.


For more details, please contact May on 0401 694 569 or email bgloryg@outlook.com

Business Features / Snapshot

Your Business Broker

  • Meimei Guo

  • Mobile: 0401 694 569
  • Enquiry: send email

Business Location

Brisbane, Queensland 4001