For Sale $295,000 Plus GST
For sale is a well presented, profitable café in a suburb that has experienced strong growth in a suburb that enjoys a wealthy demographic. The business has become a well-established destination among the local population and Canberra’s foodie community.
The business enjoys low rent that is less than $500 per week which represents less than 5% of turnover despite high demand and very little immediate competition. The Turnover is a very healthy $18,000 per week averaged out over the year and a full time owner operator can expect to take home at least $3,500 per week.
The café has been with the same owners since it opened 2014 and has experienced consistent sales growth with coffee sales around 40kg’s per week, the place is a very popular destination for all dedicated Canberra foodies serving simple yet interesting dishes and great coffee.
The professionally minded owner has ensured the business has kept strong, provable financial records from the beginning meaning the business will appeal to first time buyers and experienced operators looking for a new challenge.
The café seats approximately 30 inside, another 28 in the enclosed, heated courtyard and 16 outside. The kitchen includes fully commercial appliances and plenty of storage space.
The owners have recently signed a brand new 3×5 year lease meaning there is plenty of time to run on the lease and have also employed a café manager who will prove invaluable in assisting a smooth transition to new owners.
Anybody looking to purchase an affordable café with a fun and relaxed vibe that is well established, professionally run and profitable will find this opportunity attractive. For more information including financials enquire now.
*Listing image is for advertising purposes only and does not represent the actual business