Sold - 35 Sheridan Street, CAIRNS QLD, 4870
PETE & PAULZ CAFE
One of Cairns’ most loved Breakfast Cafes is now on the market at a drastically reduced price. Pete and Paulz Cafe, strategically located opposite Rusty’s Markets in Sheridan Street, has built an outstanding reputation with locals and tourists alike for serving hearty, traditional style breakfasts at highly affordable prices. Numerous rave reviews on Trip Advisor are testament to the quality of fare and customer service on offer.
Seating up to 32 either inside or kerbside, the owners play host to cabbies, market patrons, regulars and visitors - with the business currently operating six days from 5am till noon. The owners have recently replaced all major equipment, from the extraction fan on the rooftop to the griddle toaster in the kitchen.
Other outstanding features of the business include:
*a new long lease expiring November 2019, with 3x 3 year options
*attractive rental of approximately $1300 per calendar month
*busy arterial road smack bang in the middle of the city
*two rear car parks (one covered) plus storage shed
*established over 30 years with only 3 owners
*ideal for a husband and wife team
*Food, Outdoor Dining and Trade Waste permits in place
*Security system with video record and monitor
*ranked 12 of 393 Cairns food outlets by Trip Advisor
*Local Search rating as one of the “5 Best Breakfasts to Wake For”
*close proximity to Cairns Central Shopping Centre and the new construction site “The Precinct”, a workplace for tradies for the next two years
*the potential to extend trading hours to include the lucrative lunch trade
After more than five years in the business, the exiting owners are wishing to re- locate interstate to be closer to friends and family.