Thriving Cafe / Coffee Shop - Takeaway Business for Sale - Iconic Surfers Paradise Shopping Mall Location - Over $1M Gross Turnover - Always Busy - Ne

Description

Business type: cafe and takeaway

Location: Surfers Paradise, Gold Coast, Queensland

Current ownership: 11 years

Financial performance

Weekly takings: approximately $18,000 to $34,000 seasonally

Annual turnover: more than $1 million

Monthly rent: $9,013

Margins: strong

Location

Beach distance: approximately 100 metres

Tram station distance: approximately 60 metres

Location type: shopping mall

Specialty retailers in centre: more than 100

Foot traffic: strong

Operations

Trading days: seven per week

Services: breakfast and lunch

Daily operation: two people

Casual staff: four

Seating: approximately 40+ patrons

Premises and equipment

Fitout: near new

Equipment: near new and included

Lease

Lease term: seven years from August 2023

Growth

• Expand menu
• Extend trading hours

Transition

Owner training: four weeks