Inner North Gem | High Volume 5 day business

For Sale $310,000 Plus SAV
Property Details

For Sale $310,000 Plus SAV
Description

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For sale is a highly profitable fully licensed café in a wealthy Inner North suburb of Canberra trading 5 days a week. The café has been established for over 5 years and has shown strong growth year on year with solid profits to the owners. It is located in a popular shopping centre and has very little competition.

The café is charming and has a fiercely loyal following of customers and the food offers something slightly different to other cafes which has driven strong demand. There are opportunities for growth and expansion with an engaged and forward-thinking landlord who has council approved plans to extend the size of the café.

The owners are selling the café because they are coming to the end of their initial 5 year business plan and having achieved all of their goals would like to focus on other opportunities.

Key points;

  • • This is a well-established, 5 day business with a turnover in excess of $20,000 per week and rent that represents only 5% of turnover.
  • • No competition in the area which is a wealthy, Inner North suburb.
  • • Fully costed business with strong financials that show 5 years of growth.

The owners are prepared to offer a full training and handover period and in the right circumstances would be prepared to stay on for a period of time in a consultancy role in order to support new owners coming into the business. Anyone looking for a profitable, sustainable business with demonstrable potential for further growth will see the benefits of this business. Enquire now for further details.

Property Features
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