Visit this listing at https://www.sbx.com.au/business?id=TTQE1049

Business Code: TTQE1049

Key Features: Cafe - Espresso Bar - Broadbeach Location

State: QLD

Suburb: Broadbeach, 4218

Location: Situated in a foyer of busy residential & holiday letting apartments in the heart of the Gold Coast tourist area for shopping, eating & sight seeing.

Description

Cafe - Espresso Bar selling all day breakfast & lunch, cakes, muffins, toasted sandwiches, Belgium waffles, crepes and an extensive breakfast menu list. - Sells approx. 5-10 kgs coffee p.w. - Also sells a range of souvenirs - Small kitchen with exhaust range hood, 4 small fridges, 2 x 2 door fridges, 1 grinder, 2 blenders, 1 glass display fridge, 1 hot plate, microwave, approx. 20 tables & chairs.

Summary

  • Features: Licensed to trade any hours & days. - No competition. - Great landlord - Good location. - Very unique opportunity.
  • Potential: Add more seating. - Expand on current menu, adding health food options such as acai bowls, smoothies, protein ball's & salad bowls. - Offer room service for rooms situated above. - Start trading with Uber eats or deliveroo.
  • Premises: This business has an approx. area of 15m2. + additional storage.
  • Trading Hours: 7 days - Mon. - Sun. - 7:00 a.m. - 2:00 p.m.
  • Lease: 1 year lease commenced January 2019. + 1 year option. - No C.P.I increases. - No bond.
  • Employees: 2 owners.
  • Comments: All equipment owned (except the coffee machine). - The current agreement with the management team regarding the rent is that it is calculated based of the profit made monthly & is approx. 10% per month (Rent includes all utilities such as electricity , water, rubbish, gas, telephone expenses & cleaning). - Coffee machine owned by the company who supplies the coffee beans. - Current lease agreement is renewed yearly, the business has been trading now for 9 years on a yearly renewal of the lease. - This business will not last long. - Submit all offers.

Weekly Summary

Weekly Takings (inc GST)

$3,000

Cost of Goods

$900

Gross Profit

$2,100

Rent

$150

Insurance

$25

Misc1

$425

Coffee Kilos P/W

10

Total Expenses

$600

Estimated Stock (Additional)

$1,000

Equipment (Included)

$15,000

Net Profit

$1,500

Price

$65,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Espresso Bar - Cafe

Business Code: TTQE1049
Price: $65,000

Key Features: Cafe - Espresso Bar - Broadbeach Location

State: QLD

Suburb: Broadbeach, 4218

Location: Situated in a foyer of busy residential & holiday letting apartments in the heart of the Gold Coast tourist area for shopping, eating & sight seeing.

Description

Cafe - Espresso Bar selling all day breakfast & lunch, cakes, muffins, toasted sandwiches, Belgium waffles, crepes and an extensive breakfast menu list. - Sells approx. 5-10 kgs coffee p.w. - Also sells a range of souvenirs - Small kitchen with exhaust range hood, 4 small fridges, 2 x 2 door fridges, 1 grinder, 2 blenders, 1 glass display fridge, 1 hot plate, microwave, approx. 20 tables & chairs.

Summary

  • Features: Licensed to trade any hours & days. - No competition. - Great landlord - Good location. - Very unique opportunity.
  • Potential: Add more seating. - Expand on current menu, adding health food options such as acai bowls, smoothies, protein ball's & salad bowls. - Offer room service for rooms situated above. - Start trading with Uber eats or deliveroo.
  • Premises: This business has an approx. area of 15m2. + additional storage.
  • Trading Hours: 7 days - Mon. - Sun. - 7:00 a.m. - 2:00 p.m.
  • Lease: 1 year lease commenced January 2019. + 1 year option. - No C.P.I increases. - No bond.
  • Employees: 2 owners.
  • Comments: All equipment owned (except the coffee machine). - The current agreement with the management team regarding the rent is that it is calculated based of the profit made monthly & is approx. 10% per month (Rent includes all utilities such as electricity , water, rubbish, gas, telephone expenses & cleaning). - Coffee machine owned by the company who supplies the coffee beans. - Current lease agreement is renewed yearly, the business has been trading now for 9 years on a yearly renewal of the lease. - This business will not last long. - Submit all offers.

Weekly Summary

Weekly Takings
(inc GST)

$3,000

Cost of Goods

$900

Gross Profit

$2,100

Rent (ex GST)

$150

Insurance

$25

Misc1

$425

Coffee Kilos P/W

10

Total Expenses

$600

Estimated Stock (Additional)

$1,000

Equipment (Included)

$15,000

Net Profit

$1,500

Price

$65,000

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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.