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High performing Bayside lifestyle.... AO

$250,000

Victoria Point, Queensland

High performing Bayside lifestyle.... AO

Strong 10 years trading history and no owner involvement. Best rent deal of the year with long lease in place. Owners seeing HUGE net profit.

Revenue
$600,000 pa

Rent
$37,000 pa

Net Profit
$150,000 pa

Potential
Owner operators can stroll in and make an even greater return by reducing wage costs immediately.

Build upon an already strong brand and add in a liquor license to increase average customer spend.

Options available to open evenings or just sit back and collect on an already booming business.

New owners may reinvent menu items, and can easily test the market with a captured customer base of over 30,000 social media followers.

A business trading this strong and for this long... is a safe bet for an owner.

Hours
7am-2.30pm 7 days

Lease
2021 with 2 x 3 year options remaining

About the Business
Owner operators...... or investors.... Here she is....

She has been standing strong as the backbone of the area since 2009. Now with a decade of solid trade she is ready for you to swoop in and make her your own.

This cafe has one of the best social media customer following we have ever seen, with over 30,000 Facebook and Instagram followers watching intently to see what they will do next.

Under full management and making the current owner a profit of $150,000, this is the chance for an owner operator to see huge returns.

Sitting in one of Brisbane's popular bayside areas, close to the water, this venue is a locals favorite.

Excellent lease conditions with rent well below 10% of revenue and ample time for buyers to make ROI.

Known for its simple but eye catching menu, this cafe is bustling with breakfast lovers across the weekend, and a locals favourite for lunch and coffee during the week.

This opportunity is not going to be around long as owners operators will snap up this opportunity.

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Last updated: 23rd January 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Victoria Point
State
 Queensland
Price
$250,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

Business Brokers Network

Business Brokers Network

Contact

Ali Orchard