Visit this listing at https://www.sbx.com.au/business?id=TQQ1161

Business Code: TQQ1161

Key Features: Cafe - Bar - Beachfront Location - Sales over $30,000 p.w.

State: QLD

Suburb: Currumbin, 4223

Location: Absolute beach front location situated on one of the Gold Coast's most famous beaches.

Description

Cafe open for breakfast and lunch and selling 35 kgs. coffee p.w. - Easy cafe menu with range of salads, pasta, seafood and burgers. - Also a range of juices. -Full commercial kitchen - Upstairs used for functions, weddings and private parties. - Great beach fitout in a freestanding building. - 55 seats inside - 25 seats outside - Licenced.

Summary

  • Features: Beachfront - Long lease offered - Prominent location - Popular local and tourist beach destination - Very regular customers.
  • Potential: Looking for hospitality experienced operators only - New owner must do evening trade as will be stipulated on the lease - Evening trade will help to increase to potentially $80,000 turnover p.w. - Set up a bar with beer on tap as business is licensed - Change the menu.
  • Premises: This business has an area of approx. 250 sq.mts. including second level for private room functions, office and dry storage.
  • Trading Hours: Currently 7 days - 6.30 a.m.- 2.30 p.m.
  • Lease: New 5 + 5 + 5 lease will be offered to buyer by the landlord - 3 month bond - No C.P.I. increases first 3 years then will be reviewed.
  • Employees: 2 owners + 1 head chef casual + 2 cooks casual + 12 staff casuals + 3 kitchen hands + 1 Manager.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$30,000

Cost of Goods

$9,000

Gross Profit

$21,000

Rent

$4,300

Wages

$10,600

Outgoings

$600

Electricity

$420

Gas

$125

Coffee Kilos P/W

35

Total Expenses

$16,045

Estimated Stock (Additional)

$10,000

Net Profit

$4,955

Price

$400,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso - Bar

Business Code: TQQ1161
Price: $400,000

Key Features: Cafe - Bar - Beachfront Location - Sales over $30,000 p.w.

State: QLD

Suburb: Currumbin, 4223

Location: Absolute beach front location situated on one of the Gold Coast's most famous beaches.

Description

Cafe open for breakfast and lunch and selling 35 kgs. coffee p.w. - Easy cafe menu with range of salads, pasta, seafood and burgers. - Also a range of juices. -Full commercial kitchen - Upstairs used for functions, weddings and private parties. - Great beach fitout in a freestanding building. - 55 seats inside - 25 seats outside - Licenced.

Summary

  • Features: Beachfront - Long lease offered - Prominent location - Popular local and tourist beach destination - Very regular customers.
  • Potential: Looking for hospitality experienced operators only - New owner must do evening trade as will be stipulated on the lease - Evening trade will help to increase to potentially $80,000 turnover p.w. - Set up a bar with beer on tap as business is licensed - Change the menu.
  • Premises: This business has an area of approx. 250 sq.mts. including second level for private room functions, office and dry storage.
  • Trading Hours: Currently 7 days - 6.30 a.m.- 2.30 p.m.
  • Lease: New 5 + 5 + 5 lease will be offered to buyer by the landlord - 3 month bond - No C.P.I. increases first 3 years then will be reviewed.
  • Employees: 2 owners + 1 head chef casual + 2 cooks casual + 12 staff casuals + 3 kitchen hands + 1 Manager.
  • Sale Reason: Retiring
  • Comments: A once in a lifetime rare opportunity to own one of the best beachfront locations on the Gold Coast - Great potential to also open nights given the location and all the facilities - Very strong performer - This is only being sold to a very experienced hospitality operator as instructed by the landlord. Freehold available for $4.6 million includes cafe, 2 x 2 bedroom apartments on the site.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$30,000

Cost of Goods

$9,000

Gross Profit

$21,000

Rent (ex GST)

$4,300

Wages

$10,600

Outgoings

$600

Electricity

$420

Gas

$125

Coffee Kilos P/W

35

Total Expenses

$16,045

Estimated Stock (Additional)

$10,000

Net Profit

$4,955

Price

$400,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.