Business for Sale, Superb Cafe

Reference Number: GKN504
Location: Sunshine Coast
Category: Food / Food Related

Asking Price: $390,000 +SAV
Annual Turnover: $1,353,311
Status: Under Contract

Business Description

4 Great Businesses In One: Beachside Café, Popular Takeaway, Busy Function Centre and Room Service (alcohol only).

This substantial food concern is in an ideal location at popular Kings Beach. Each stream of income offers plenty of further growth and the four combined businesses offer great diversity! This is a constant million dollar plus business with a highly attractive net profit to owner. Excellent staff and systems are in place. This business represents are rare opportunity to secure a proven performer on the beautiful Sunshine Coast.

Naked Turtle Café/Bar has been established for many years and enjoys a tremendous reputation locally for the fine quality food and coffee it serves. It is open 7 days a week for breakfast through to dinner, with seating for 100+ patrons in a delightful all weather alfresco area overlooking the park and beach. It is fully licensed. Directly attached to the business is its very popular takeaway business. Its great beachside position surrounded by tourist resorts and local residential units ensure that its fare of fish and chips and other popular takeaway food is constantly in demand. The busy function centre is particularly popular for weddings and conferences. Room service (supply alcohol only) to the 66 rooms in this 4.5 star resort is the great added bonus. You can be assured of a constant and diversified income with all four facets of the business. The Naked Turtle Café/Bar business has a great lease in place with the first option expiring in 2013 with a further 2 x 7 year options after that - almost unheard of!

With its year on year turnover of in excess of $1 million each year, this business has proven its place in the food & hospitality industry. This business represents a wonderful opportunity for a chef or manager to continue to build on its excellent reputation and location; and to benefit from profits that are enviable in this industry. This is a rare opportunity to step into a business with a proven track record in one of the Coast's prime locations where growth can readily be expected.

Broker Details

Broker: Leanne Petherbridge
Phone: 07 5479 0055
Mobile: 0409 677 711
Email: leanne@coastalbrokers.com.au

For More Information...

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