Iconic Mount Glorious Café - Prime Location with Strong Turnover

Mount Glorious QLD
Asking Price $350,000 WIWO, Leasehold
Profit $200 - $300k
About

Mount Glorious Café, which has been trading successfully since 1952 is offered for sale. The current owner has been in possession for 13 years (retiring). The property and business is freehold and situated on 4115m2 with an additional shop, an airconditioned cottage, and a 6 x 9m Colorbond shed.

1850 Mount Glorious Road occupies the prime spot on Mount Glorious, there is ample level roadside parking which is very popular with the motorcycling community. There is almost no competition nor is there a suitable location for competition to occupy.
Maiala Rainforest Park is 400 metres from the Café.

The route from The Gap to Lake Wivenhoe has been written up as one of the top 10 motorcycle rides in Australia, and Mount Glorious Café is perfectly situated in the middle of the route at 2200 feet above sea level. The temperature is consistently 8° cooler in summer than the valleys on either side, and when it rains the mountain can be in silent cloud and mist.

The building is old but well-equipped and all equipment is owned by the Café.

Turnover last financial year was just under $900k, owners netted $262k fully staffed.

This is a genuine established business suitable for a new owner to walk in and operate successfully upon takeover

Will sell business separately to freehold and offer attractive lease with possible option to purchase freehold. 

Contact this seller
Client No: W9512 Private sale, no contact by agents or marketers please.
Contact this seller
Client No: W9512 Private sale, no contact by agents or marketers please.