Business For Sale. Fantastic Opportunity - Cafe Restaurant & Bar

$150,000 - $180,000
Unique ambience, well-loved with great energy & strong trade, fully licensed, live music, easy to run- 50 seats, established 3yrs, current owner retiring.

Price:$150,000 - $180,000
Includes $3,000 - $5,000 Stock

Revenue: $410,000 pa
Rent: $35,000 pa
Expenses: $275,000 pa
Net Profit: $100,000 pa

South Gold Coast beachside - high exposure on a busy main road frontage CBD Palm Beach with some outdoor street seating - veranda & bar set back from traffic.

This location demographic is changing rapidly and there is a growing 'sub-culture' of little cafes and restaurants - from ethnic to vintage to trendy. This Restaurant fits right in with this contemporary direction.
Trading is 6 nights only plus weekend lunches, so there is a fantastic opportunity to substantially increase turnover by trading breakfast and lunches.
We have an active database of 700 plus 600 FB friends. A website is underway which will really enhance our social media marketing.

The business would ideally suit someone who loves hospitality in its true sense - as that is what has built the business to this stage. Experience is not necessary - just common. The current owner is very willing to train new owners - to work with you to ensure a smooth changeover, and to remain in an advisory capacity if required.
This is a strong supporter of smaller venue style Live Music, so a love of music would be good.
Currently trading Monday to Friday from 6 pm and weekends from 12 pm.

For full details contact Guy Cooper on the above numbers.