GREAT WIWO DEAL – WELL ESTABLISHED CAFE OF BLEND PASSION AND PROFIT

5 days ago

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Internal Ref: BUY2338

Summary

This charming business nestled in the heart of Gold Coast offers a unique blend of cosy ambiance, gourmet coffee and and other gourmet delights.

Net Profit

$70,000 pa

About the Business

This beloved establishment nestled in the heart of Merrimac and is in proximity of a "to be constructed" train station. Consequently, substantially bigger income will be expected after the completion of the train station.

The Delivery Authority has awarded the contract to Fulton Hogan to design and build Merrimac station which will provide the local community with greater access to convenient rail services; expanding options for easy travel within the Gold Coast, as well as to Brisbane. The Merrimac station will be located off Gooding Drive, approximately 750 metres east of the Pacific Motorway and Gooding Drive Interchange (Exit 77) and is scheduled to be open in time for the first Cross River Rail services to the Gold Coast.

The cafe is situated in a prime location: Strategically positioned n a bustling area with high foot traffic, ensuring a steady flow of both locals and tourists.

Present owners took over in 2021 for their SBO 491 Visa application. The business only trades 5 days with weekly income ranged from $5000 to $6000. The rent is reasonable of $1600/week inclusive with tenancy options up to 2036.

Owners are motivated to offload as they need to go overseas and this business is perfectly suitable for Visa 188a applicant.

This business has huge opportunity to scale up for more income and profit by extending the trading days and hours backed by strengthening of marketing activities. With all its equipment and fitting, this is a bargain and without doubt one of the most sought-after café locations in Gold Coast. All the hard work has been done, requiring a new owner to simply follow this successful model and develop their own imprint on this successful business.

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