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Food Related Businesses in Oxenford Gold Coast QLD

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5-day Per Week Cafe, $15k+ T'over P/w - 18% Roi. Excellent Location & Reputation. The Locals 'go To'

Location:Gold Coast, Queensland

Category:Food, Cafe and Coffee Shop, Restaurant

Asking Price:$320,000

320000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • 5-day Per Week Cafe, $15k+ T'over P/w - 18% Roi. Excellent Location & Reputation. The Locals 'go To'
  • 5-day Per Week Cafe, $15k+ T'over P/w - 18% Roi. Excellent Location & Reputation. The Locals 'go To'
  • 5-day Per Week Cafe, $15k+ T'over P/w - 18% Roi. Excellent Location & Reputation. The Locals 'go To'

Business description

A new release of approximately 1,000 house blocks within 1 kilometer of this business means that the popularity of this business amongst locals can only get bigger.

The small retail complex that Terrarium is situated in has a good mix of businesses with the anchor tenant being a thriving 7/11 petrol/convenience store.

The owners of this business have negotiated with the landlord that there can be no other ‘coffee shop’ business trading within the grounds of the retail park.

The venue is fully licensed, offers a great intimate environment, could quickly and easily be decorated for any occasion and would therefore be an ideal ‘function venue’ for small/medium parties.

Other Information

  • Selling Assets: All the equipment is of the highest commercial grade and all the major furniture has been hand made. All will be coming with the business
  • Real Estate: Internal - 103 Sqm External - 70 Sqm Store Room - 15 Sqm
  • Expansion: Potential The population of Oxenford / Maudsland has increased circa 20% in recent years. Continued development, particularly in Maudsland and western Oxenford will see growth continue unabated. A new owner might wish to consider opening up the business to become a true 7-day a week café. The current owners were trading more days in previous years, but have reduced the trading days for personal reasons. On average these days generated between $1,500 and $2,000 in turnover.
  • Years Established: 2015
  • Employees: Skills Established staff in place. Managerial expertise is the only requirement. This would ideally suit A working couple could deliver significantly more to the bottom line result.
  • Trading Hours: Wed – Sun-7:00am - 3.00pm Mon - Tue - Closed
  • Support Training: Yes
  • Reason For Selling: Owners moving inter-state
  • Lease Terms: Lease finishes 31/07/2020 Further - 2 x 5-year option.
Transworld Business Advisors - Gold Coast North
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