Sold

Port Douglas Licensed Cafe, Central Location- Highly Profitable

Description

This is a genuinely rare opportunity to purchase a highly profitable licensed cafe based in the Far North Queensland town of Port Douglas.

The business boasts one of the best locations in town, only 200 metres from the famous four-mile beach and 800m from Dickson’s inlet and the Sugar Wharf it is highly visible from every direction.

Surrounded by tropical gardens and lush greenery there is a large outdoor seating area for up to 30 customers which leads onto the bustling street.

The interior has a high-quality fit-out and has been cleverly designed to bring the outside in, with opening glass panels that have replaced walls. There are polished timber floors throughout and a Cathedral timber ceiling above the bar area. The space is breezy and tropical with white tables, black chairs and an abundance of hanging plants. All equipment included in the sale is fully owned by the business, well maintained and in good working order.

Port Douglas is known for being a year-round tourist destination so customers are never in short supply as there are dozens of accommodation houses and high end resorts all within a short walk. There is also strong daily support from loyal local residents.

The Cafe is run by owner/operators who have been in charge since the business was established and who are now looking to relocate.

The business can continue to operate successfully in its current format, however an opportunity for growth would be to consider opening in the evenings as this would more than double the turnover as many other local night venues prior to recent lockdowns were fully booked nearly 3 months in advance.

Businesses as good as this don’t come along often so if you are in the market for something special then this opportunity would be worth relocating for.

Loading

Staff No

Lease Info

Trading Times

Opportunity

Weekly Sales & Turnover

Coffee Sales Per (Kg)

Cost of Goods​

Wages

Other​

Net Profit​

Turnover (inc GST)

Gross Profit​

Rent

Business Listed by

Paul Leach

Hospitality Consultant, Certified Exit Planning Advisor, Licensed Business Broker in NSW, SA, QLD, VIC @ GSE Hospitality Brokers

I grew up in the food business, my parents owned two very successful restaurants. I have fond memories of working alongside them from a very early age.

All through my school years I knew that I wanted to be a part of the hospitality industry and the day that I started at college could not come quickly enough. I spent three enjoyable years learning my trade and left college to join my parents in their second restaurant.

In 1992 my parents decided that the time was right for them to sell up and I felt it was also the right time for me to go out on my own.

In 1993 I opened my first Cafe called “Hogarth’s” and that is where it all began. Over the following 25 years, I built and sold nine food businesses. I loved every minute (well most of it) and learnt a lot about how the sale process works, I also learned some very valuable lessons.

I love the food industry and wanted to crack double digits and open shop number ten, unfortunately, the two things that I value the most in my life, my marriage and my health probably would not have lasted if I had done that so I called it a day

I always felt that there was a better way to sell cafes and food businesses and that is where the idea for GSE came from. My vision was to build a specialist firm of hospitality brokers that could make the sales process as straightforward as possible for the owners of hospitality businesses in Australia.

I am now using the experience I gained selling my own businesses as well as selling a lot of other people’s businesses to lead the team of very talented brokers at GSE.

I would love the opportunity to show you more about how the approach that GSE take can help you to sell your business for the price that you want and on your terms.

If you are looking for a specialist Hospitality Broker who has walked the walk and fully understands the industry and all of the nuances of the sales process then I would love to hear from you.

Request more Information about this business

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form