Only occasionally does an opportunity like this one come along. The combination of lifestyle and business location that is offered here is a very attractive package.
How to explain this business? It's experiencing explosive growth and is enormously profitable. There is seating for up to 170 guests both inside and outside on an expansive decking area. All the equipment is in first class condition and with a recent upgrade and renovation of the premises now complete, the business is poised for massive trade over the summer season.
Revenues are skyrocketing, the cafe has reached $2m + turnover in less than 10 months and returns to a working owner should be $440k +. The lease is the best I have seen with a tenure that will give a new owner many, many years of security a final expiry in 2048!
Really, this is an outstanding business in all respects and will stand the closest scrutiny. Seize the opportunity and secure your future now.
* Prime location
* Rent less than 7% of turnover
* Fantastic lease expiring 2048!
* Huge profits - Discretionary Earnings $440k +
* 26% ROI fully managed!
Asking $1.4 M plus stock
Reference: EL01033
Ref: EL01033
Timestamp: 20230721120129
