Visit this listing at https://www.sbx.com.au/business?id=TQQ1191

Business Code: TQQ1191

Key Features: Espresso Bar - Grab and Go -Gold Coast - Major Shopping Centre - Net $124,800 pa

State: QLD

Suburb: Broadbeach Waters, 4218

Location: Espresso bar, located in a busy premier shopping centre near food court on the Gold Coast, in a prime position with walk by traffic.

Description

Cafe- Espresso - Takeaway selling specialty coffee (20kg/wk), sandwiches, muffins, etc. - runs on a simple operation and nothing more to spend - a very professional looking fit out in kiosk in a fantastic location with lots of regular customers plus a good number of passer-by. Excellent fit out. Strong and growing business. Easy menu, no cooking involved. Huge potential to grow for a motivated owner operator. Seats 15.

Summary

  • Features: Location location in a high foot traffic area of the shopping complex. Grab and Go concept. Easy to run. No cooking involved. 2 people only required to run.
  • Potential: Increase focus on food as majority of sales is coffee, add more drinks selection like juices, smoothies and run as an owner operator to increase level of customer service and save on wages. Offer loyalty cards and more marketing.
  • Premises: Very modern and new fit out espresso bar set up near food court.
  • Trading Hours: 7 days - Monday to Saturday: 8 am to 5.30 pm. Sunday: 9 am to 4 pm.
  • Lease: Current lease commenced 14/06/21 and expires 13/06/27- No options- Rent review is CPI + 2% increases - Bank guarantee is $30,203.25
  • Employees: 2 owners required to run
  • Sale Reason: Moving overseas
  • Comments: Located in one of the best shopping centres in the Southern Hemisphere. The profit is currently the managers and casual staff wages, this requires an owner operator/s to operate to make the current profit of $2,400 per week. Holidays will increase turnover and business does 30 kgs/wk.
    The shopping centre lease is offered 6 months before expiring, this is a typical lease in every shopping centre in Queensland. - Misc.- 1 - other expenses
    Looking for owner operators only

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 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)

$9,000

Cost of Goods

$2,700

Gross Profit

$6,300

Rent

$2,300

Insurance

$35

Electricity

$100

Misc1

$1,465

Coffee Kilos P/W

20

Total Expenses

$3,900

Estimated Stock (Additional)

$4,000

Equipment (Included)

$20,000

Net Profit

$2,400

Price

$55,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Espresso Bar - Cafe - Food Court

Business Code: TQQ1191
Price: $55,000
+ Estimated Stock (SAV) $4,000

Key Features: Espresso Bar - Grab and Go -Gold Coast - Major Shopping Centre - Net $124,800 pa

State: QLD

Suburb: Broadbeach Waters, 4218

Location: Espresso bar, located in a busy premier shopping centre near food court on the Gold Coast, in a prime position with walk by traffic.

Description

Cafe- Espresso - Takeaway selling specialty coffee (20kg/wk), sandwiches, muffins, etc. - runs on a simple operation and nothing more to spend - a very professional looking fit out in kiosk in a fantastic location with lots of regular customers plus a good number of passer-by. Excellent fit out. Strong and growing business. Easy menu, no cooking involved. Huge potential to grow for a motivated owner operator. Seats 15.

Summary

  • Features: Location location in a high foot traffic area of the shopping complex. Grab and Go concept. Easy to run. No cooking involved. 2 people only required to run.
  • Potential: Increase focus on food as majority of sales is coffee, add more drinks selection like juices, smoothies and run as an owner operator to increase level of customer service and save on wages. Offer loyalty cards and more marketing.
  • Premises: Very modern and new fit out espresso bar set up near food court.
  • Trading Hours: 7 days - Monday to Saturday: 8 am to 5.30 pm. Sunday: 9 am to 4 pm.
  • Lease: Current lease commenced 14/06/21 and expires 13/06/27- No options- Rent review is CPI + 2% increases - Bank guarantee is $30,203.25
  • Employees: 2 owners required to run
  • Sale Reason: Moving overseas
  • Comments: Located in one of the best shopping centres in the Southern Hemisphere. The profit is currently the managers and casual staff wages, this requires an owner operator/s to operate to make the current profit of $2,400 per week. Holidays will increase turnover and business does 30 kgs/wk.
    The shopping centre lease is offered 6 months before expiring, this is a typical lease in every shopping centre in Queensland. - Misc.- 1 - other expenses
    Looking for owner operators only

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures exclude GST

Weekly Takings

$9,000

Cost of Goods

$2,700

Gross Profit

$6,300

Rent

$2,300

Insurance

$35

Electricity

$100

Misc1

$1,465

Coffee Kilos P/W

20

Total Expenses

$3,900

Estimated Stock (Additional)

$4,000

Equipment (Included)

$20,000

Net Profit

$2,400

Price

$55,000
+ Estimated Stock (SAV) $4,000

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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.