Business for sale on the Sunshine Coast – Brett Barton 0408 607 344 of Verified Businesses has pleasure in presenting this food & beverage business for sale.
Alexandra Parade is the coastal link way between Mooloolaba and Maroochydore and located directly across the road at the traffic lights is the Ol’Cactus. A relatively new restaurant that only opened June 2017 by a group of friends who already had a very well-known food business based in Maroochydore.
Located directly opposite the Alexandra Headland Surf Life Saving Club and the beach there is never a shortage of passing traffic and the location is also there to take advantage of some of the coasts major sporting events such as; Sunshine Coast Marathon, Sunshine Coast Triathlon, Surf carnivals just to name the major ones. The Sunshine coast Regional Council has only recently completed a major upgrade to the skate park which bring plenty of hungry and thirsty families, and the beach is enough in itself to ensure you will always have a steady day-time trade.
The opportunity is here for an experienced operator to take on the Tenancy at 3/150 Alexandra Parade and make a real go of it and to take advantage of this location and the surrounding resorts. There are two other cafes just up the road that on weekends are over-flowing but the current owners were not interested in the day-time trade.
The site has a nice feel about it and is very open and bright, along with a small outside dining area, the total seating capacity would be around 90. There is a bar, plenty of storage and its own bathroom facilities means there are plenty of options as it has it all. A big portion of the equipment is currently leased through the Hospitality Superstore so as a new owner you can keep, change, and upgrade to what you need to suit your new concepts.
The leasehold property is under the current term till 2022 and there is a further 5 year option after that so security in the future is strong. The base rent amount is $75,000 per annum plus GST & outgoings. The tenancy is 155 square meters in size so can have 70-90 patrons seated at any one time, and there is still room at the bar for more.
As mentioned here is an opportunity to take on the premises at a fraction of the actual fitout cost and make it into your own venue. Come up with your own concept and make a go of it.