Iconic Canberra Food Business| Net Profit Circa $700k

For Sale

Canberra ACT

Iconic Canberra Food Business| Net Profit Circa $700k

Description

Rarely does an opportunity arise to acquire such a tightly held and iconic hospitality brand in the ACT.

This high-performing business features a sophisticated, multi-faceted offering that attracts a broad customer base and consistently delivers an exceptional standard of product quality and guest experience.

Operating six days a week with diverse, complementary revenue streams, the business has established itself as a thriving destination venue.

Net sales sit at approximately $3 million annually, with careful operational management yielding an impressive and consistent EBITDA margin of roughly 24%.

A brand-new 7-year lease is available, offering long-term tenancy security with low outgoings and a highly favourable base rent representing only about 6% of sales. Immediate growth potential exists for an incoming owner, including expanding operations to seven days which owner estimates could potentially add in up to $750k in additional revenue based on current performance.

Partnering with the landlord who is a highly respected local developer to replicate the brand across additional locations is also a clear strategic growth opportunity.

This is a mature, highly profitable business backed by strong intellectual property, high brand equity, and secure lease terms.

Qualified buyers seeking a premier hospitality asset in this price range are encouraged to enquire for further information and a confidential discussion.

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Lease Info

Weekly Sales & Turnover

Turnover (inc GST)

Rent

Business Listed by

rob-illsley-800x800

Hospitality Consultant, Licensed Business Broker Canberra ACT @ GSE Hospitality Brokers

Robert Illsley is a licensed Real Estate Agent running the NSW Regional and Canberra office of GSE Business Consultants who specialise in selling food businesses.

I am very passionate about hospitality and have been involved in the industry for much of my working career. I trained as a Fine Dining Restaurant Manager and I have also been involved in the Wine Industry having spent 6 years working for one of th UK’s most well respected merchants.

In 2014 I set up my own specialty coffee shop which I ran for 4 years and I discovered a passion for broking when I came to sell my business. After a couple of bad experiences with brokers I discovered GSE and Paul showed me the right way to sell a business and he helped me to achieve a great price for my café in a reasonable time frame.

I understand that café owners are hard working people and when it comes to selling you want to entrust the sale to somebody who is as passionate about your business as you are.

I believe that selling a business works best in partnership between the broker and the seller and I work hard to gain an intimate knowledge of how your business works and what makes it special and unique and my passion and knowledge for the industry allow me to speak with authority when I am talking to buyers.

It is never too early to develop an exit strategy so if you have been thinking about selling or just want some help to understand what the process will be like when you do, then don’t hesitate to get in touch with me at any time.

Robert Illsley 0415 243 750

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