One of ACT’s Best Suburban Cafes | Sales Circa 2M with Strong Profits | Captured Market
$799,000 Plus SAV
Description
For sale is one of Canberra’s best known independent cafes located in a suburban shopping centre in the South of Canberra.
With plenty of parking and no competition the cafe is a popular meeting spot for local residents and visitors as well as being a destination cafe for Canberra’s foodies.
The cafe operates 7 days per week and can seat up to 100 diners inside and out.
Cafes located in suburban shopping centres have exploded in popularity and they performed particularly well during covid lockdowns with many people working from home and this business has gone from strength to strength in recent years and I beleive it is one of the best cafes of its kind in the territory that offers a great opportunity for the right buyer.
Members only
Staff No
A full team of managers, chefs and supervisors allow the owner to choose their level of contribution and they currently contribute 20 hours per week. A new owner could choose to work full time, part time or even transition the business to full management.
Lease Info
The business is secured by a 5x5 year lease that commenced in November 2020.
Trading Times
The cafe operates 7am - 3pm on week days and 7.30-3pm on weekends.