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Hospitality And Tourism Business For Sale in Gold Coast QLD

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Fantastic Boutique Coffee Shop, 75+ Kgs Coffee P/w - Highly Sought After Suburb

Location:Queensland

Category:Hospitality and Tourism, Cafe and Coffee Shop, Coffee Espresso Bar

Asking Price:$249,000

249000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : $WIWO
  • Fantastic Boutique Coffee Shop, 75+ Kgs Coffee P/w - Highly Sought After Suburb

Business description

About the Business

This boutique, well respected coffee shop/café on the Gold Coast offers the owner the much-cherished dream of ‘lifestyle’ whilst working within the hospitality trade. Currently opening 51/2 days only, no late afternoon/nights, though there is ample scope for a new owner to do so.



The premise has a seating a current seating capacity of 30 seated but this has the potential to be increased, but this can be increased.



The café has a reputation based on an a quality coffee offer, food made on site and a genuine customer focussed service.



The café has full commercial kitchen fitout with internal and alfresco dining areas. All assets are unencumbered and will come with the sale. Only the coffee supplier equipment and milk fridge excluded.

History

• $10k + constantly per week turnover

• Owner profit has doubled in the last 3-years – now @ 27%

• Long established and well-loved local business

• Averaging 70kg’s – 75kg’s of coffee per week

• Trading 51/2 days only

• Fully trained staff in place

• Great location with ample parking throughout the area.

• Exceptional online reviews – 4.7 rating on Facebook.

• Long lease option on offer

• This business has traded profitably throughout the Covid19 period without seeking Job Keeper assistance or any form of rent concession

Other Information

  • Selling Assets: All assets are unencumbered and will come with the sale. Only the coffee supplier equipment and milk fridge excluded.
  • Expansion: There is potential for growth for a motivated new owner. Several adjustments could be made to further the cafes success. • Extend trading hours and offer a dinner menu. • Full kitchen offer the opportunity to extend current menu. • ‘Small bar licence’ to offer alcohol
  • Years Established: 6-Years
  • Employees: The café currently has 4 employees (1 x owner and 3 x casuals)
  • Trading Hours: Monday – Friday - 5.30am to 1.00pm Saturday – 6.00am – 11.00am
  • Support Training: Yes as required
  • Reason For Selling: The owner is relocating
  • Lease Terms: Excellent rent equating to only 6/.6% of turnover Lease options until November 2027
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