Locals ‘go to’ Café with 5-star reviews
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This business is located away from the traditional Gold Coast ‘beach side’ suburbs, but is still a major attraction for visitors/tourists alike. Since opening the cafe the current owners have not looked back and have grown this business impressively in a short period of time, with that growth likely to continue based on current trading performance.
This location has a higher than average number of outlets offering food/drink and to stand out takes something special. The current owners have built a reputation on delivering an interesting, fresh, creative menu with more ’healthy’ options and catering to differing dietary requirements (vegan/gluten free, etc) and of course ….. excellent coffee.
The business has only been trading for thirteen months and the asking price reflects the performance to date and not the immense potential that its current growth rate would indicate. This will prove a very wise investment for an astute owner. Based on the most current month’s information provided (July 2018), the asking price would have a ROI of 8 months !!
About The Business
• Fully auditable and accountable books
• Average 28% nett return for 2018
• Business spans 2 shop fronts with great rent
• Currently only operating 5 days/week opening 8am – 4pm
• Seating for 50 with more capacity available
• This is a tourist hot spot but locals account for most of the trade
Open 5 days per week (closed Tue & Wed)
Mon & Thu 8.00am – 3.00pm
Fri - Sun 8.00am – 4.00pm
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