Licensed Cafe Bar | South Canberra | $35k per week T/O

For Sale $450,000 Plus SAV
Property Details

For Sale $450,000 Plus SAV
Description

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For sale is one of the most Immediately recognisable cafés in the ACT, located in a suburban shopping centre in a popular south Canberra suburb.

This licensed café bar has an extremely strong and loyal following selling some of the best food and coffee the territory has to offer.

The current owners have crafted a strong, sustainable business with an experienced, settled management team in place both for the front of house and the kitchen and they now only work one day a week in the business.

The spacious premises seats approximately 70 people inside, 30 in the courtyard and another 14 out the front with rent representing only 5% of turnover. The fit-out has great charm and is recognised as a comfortable place for people to meet and relax

The café enjoys a strong and loyal base of trade with plenty of demand and low rent. There are also further commercial opportunities that have been identified for future development such as private functions.

All of the hard work has been done establishing the business and incoming owners can choose their level of involvement; work full time and make more money or run it as a manager and focus on strategic growth and efficiencies.

The owners have other business interests that they now wish to focus on therefore have decided to price the business competitively with the intent to achieve a relatively quick sale.  All enquiries will be sent a full information pack once an NDA is signed.

*Please note listing image is for advertising purpose only and does not represent the actual business

Property Features
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