For sale is an Espresso located in the lobby of a busy shared space in the South of Canberra.
The current owners have run this espresso bar for over 12 years and have decided to sell this site as part of a wider restructure of their business. The business closed for the Christmas break and the owners have decided not to reopen in the new year pending a sale.
When operational the site historically performed with sales around $8,000 per week with coffee, cold drinks, and light meals for takeaway and the margins for this type of business are generally strong due to low food and labour costs.
The fit out presents very well and all you would need to get going is to install a coffee machine supplied by your chosen coffee roaster and away you go.
The business has been priced for a quick sale and it will be first in first served so if you are looking for a cheap yet potentially lucrative business you won’t find a better bargain.
There are 5 years left on the lease with the landlord indicating a willingness to renew.
* Please note that generic listing images are used for advertising purpose only and do not represent the actual business.