Gold Coast Good Location Cheap Rent Cafe Baker shop for sale $POA

11 days ago

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Summary

good location cheap rent with a good lease good trading hours stable profit

Revenue

$8,000 pw

Net Profit

$4,000 pw

Location Details

It is situated in a shopping complex in Gold Coast

Skills

customer service
business skills
people skills

Hours

Monday to Friday 7am to 3pm; Saturday from 8am to 2pm and Sunday and public holiday close

Lease

31/12/2023 + 3 years options

Reason for Sale

other plans

About the Business

The business is situated in a commercial complex in one of a good area in Gold Coast

– The owner has been successfully managing the business for 3 years, they have gained a great reputation from local customers

– Trading 6 days, Monday to Friday 7am to 3pm; Saturday from 8am to 2pm and Sunday and public holiday close

– trial week sales around $8,000.00

– selling coffee, milk shake, cake, hot pie, bread, Hamburg, sandwiches, croissant, toasties etc

– Food costs around 25%

– Lease ends 31/12/2023 + 3 years options

– Monthly rent $4912.18 inclusive GST and inclusive outgoing with 3% increase per year

– weekly wages $3500

– yearly net profit around $200,000 inclusive owner’s wage

– $POA the vendor will consider any reasonable offer

– Please contact 0432 843 715 for inspection

History

3 years

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