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.
Savvy buyers on the lookout for businesses with high turnover and low rent should check this business out with rent that is less than 5% of turnover despite high demand and very little immediate competition. The Turnover is a very healthy $17,500 averaged out over the year.
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.
This café is sensibly priced, well established and profitable with enviable metrics, take advantage of their success and make it your own.
*Listing image is for advertising purposes only and does not represent the actual business