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Café For Sale $17,000 Plus Per Week

Cannonvale, Queensland
Asking Price:
$550,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$250K - $500K (AUD)

120 Seats for Inside and Outside Dinning
Breakfast and Lunch Menu and Demand for Evening Dining Adds Opportunity

The Cannonvale CBD is the major CBD precinct in the region. It supports the business and local resident population along with tourists to Airlie Beach and the Whitsunday Islands. The Cannonvale Shopping Centre is the major retail complex in the area with a population of about 5,700.

This business has a high traffic position at the western entry to the Centre. Vehicles entering the Centre car park cannot miss it.

The business was initially established and operated as a successful takeaway with revenues over $500,000 annually. It responded to demand for a café style business with seating to cater for the early morning, mid-morning and lunch time needs of local CBD business and local residents. It is about a 5 minute walk from businesses in the CBD. There is a primary school across the road. Sales jump immediately and are still rising. Early trading indicates revenues could double to about $1,000,000 annually.

Inside and outside dining is a major drawcard and is well patronised. There is also strong demand from residents and tourists for evening dining adding an opportunity to further income.

Rent is about $6,875 per month, including outgoings and GST with a long lease in place.

Plant, equipment, fittings and furniture is extensive and new or near new. There is a full restaurant kitchen is separate to the retail area.

Competition is limited. Major neighbouring tenants are ‘BWS’ and ‘The Reject Shop’.

The business is to be sold. All offers are to be presented. Vendor financing will be considered to TAP.

Contact Graham Long for more information.

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