Trading for only 4-years, this café has undoubtedly established i

Description

Rent
$76,118 pa

Location Details
Shop 1, 141 Maudsland Road,, Oxenford. 4210
This business enjoys excellent roadside exposure to Maudsland Road, only 6 kilometres from the Pacific Motorway and a major thoroughfare for vehicles traveling to the popular Scenic Rim area.

Potential
The population of Oxenford / Maudsland has increased circa 20% in recent years. Continued development, particularly in Maudsland and western Oxenford will see growth continue unabated.

A new owner might wish to consider opening up the business to become a true 7-day a week café. The current owners were trading more days in previous years, but have reduced the trading days for personal reasons. On average these days generated between $1,500 and $2,000 in turnover.

Skills
Established staff in place. Managerial expertise is the only requirement.

This would ideally suit A working couple could deliver significantly more to the bottom line result.

Hours
Wed – Sun-7:00am - 3.00pm
Mon - Tue - Closed

The lease allows for signicantly more trading hours than is being done

Lease
Lease finishes 31/07/2020

Further - 2 x 5-year option.

Reason for Sale
Owners moving inter-state

About the Business
A release of approximately 1,000 house blocks within 1 kilometer of this business means that the popularity of this business amongst locals can only get bigger.

The small retail complex that Terrarium is situated in has a good mix of businesses with the anchor tenant being a thriving 7/11 petrol/convenience store.

The owners of this business have negotiated with the landlord that there can be no other ‘coffee shop’ business trading within the grounds of the retail park.

The venue is fully licensed, offers a great intimate environment, could quickly and easily be decorated for any occasion and would therefore be an ideal ‘function venue’ for small/medium parties.

History
The cafe opened 4-years at the same time as the broader retail precinct opened.

Listing Details

  • Listing Number: 12225-692894
  • Location: City of Gold Coast, Queensland
  • Price: 320,000.00
  • Down Payment: 0.00
  • Sellers Discretionary Earnings: 0.00
  • Category: Restaurants

  • Inventory: 0.00
  • FF&E: 0.00
  • Employees:
  • Years Owned:
  • Reason for Selling: Owners seeking change

Business Listed By: