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Food, Beverage & Hospitality business for sale in ACT

  • Food, Beverage & Hospitality
  • ACT
  • $1,300,000 $1,400,000 SAV

North Canberra Cafe | Sales over $3 Million PA | Nets $800/900k

For sale is one of Canberra's most successful independent cafes.

The current owner has diligently built up the trade during more than a decade of ownership and has decided that the time has come to sell in order to focus on other business opportunities.

The business has been exhaustively prepared for the market and will tick all the boxes that a savvy investor will be looking for;

A 5×5 year lease started recently with rent that represents less than 5% of turnover.
The location enjoys very little competition and a strong base of regular trade.
No specialist skills required from new owners and the intellectual property will be straightforward to transfer.
Great management team in place are ready to assist in transition.
Industry leading margins that can be maintained under new management.

Despite challenging trading conditions trade has remained strong and with the threat of covid starting to recede sales are likely to improve further.
Businesses as strong and attractive as this do not come along regularly and we already have off market interest so if you are in the market for a highly profitable, proven business with a great location then get in touch today.

* Please note that generic listing images are used for advertising purpose only and do not represent the actual business.

**Weekly**
Coffee Sales(kg) 80+
Turnover (inc GST) $66,869.00
Rent $1,890.00
Wages $18,410.00
Net Profit $17,582.00

Robert Illsley
GSE Business Consultants
Robert Illsley
GSE Business Consultants

Business Highlights

Business ID2016984510
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Last updated  5 May 2021
Map for ACT
Map for ACTACT
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Robert Illsley
GSE Business Consultants
Robert Illsley
GSE Business Consultants

Business Highlights

Business ID2016984510
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  5 May 2021
GSE Business Consultants
Level 32/101 Miller St North Sydney NSW 2060
Robert Illsley
GSE Business Consultants
Robert Illsley
GSE Business Consultants

Ask Robert Illsley about this business

Robert Illsley

Robert Illsley

GSE Business Consultants

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0415243750
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