Image of Coffee Shop. Gold Coast’s fastest growing northern suburb. #303726

Coffee Shop for Sale

Gold Coast’s fastest growing northern suburb.

Under Management.

Coffee Shop for sale in Gold Coast’s fastest growing northern suburb. Under Management.

Exclusive Listing.

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This Coffee Shop has only been established less than 12 months ago and already has sales of over $14,000.00 per week.

Opens only for breakfast & lunch with a 2pm close.
Run under management with experienced kitchen and front of house staff.
Loyal following and very popular with the locals, near-by office & retail workers.

Financials for 2024 show current maintainable earnings to an owner-operator of over $175,000.00 or $120,000.00 under management.
Short trading hours of 6am to 2pm.
Great indoor and outdoor seating area.

Cost over $300,000.00 to set up less than 12 months ago – nothing to spend as equipment still under warranty!
Plenty of on-site parking.

Excellent lease 7-year lease with a further 7-year option in place.
Rent and outgoings equates to less than 10% of turnover!

Brokers Comments:

An excellent opportunity for an astute businessperson to continue running as is under management or be hands-on and further save on wages.
Start making money from day one!

Overview

Financials show current weekly sales of over $14,000.00 – expect further growth.
Rent & Outgoings: $1,382.00 + GST per week.
Lease: Expires September 2030 plus 1 x 7-year option.
Price: Only $395,000 plus SAV (No Time Wasters Please - Only enquire if you can afford it!).
Code: 303726

For more information on this business,
please read our Confidentiality Agreement (by clicking here),
complete and submit this form, and we will contact you with further details on this opportunity.