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Suburban Cafe | Low rent, Long Lease | $25k per week Sales | Established Brand & loyal Customer Base

Description

New to market is an exciting opportunity to pick up a well performing cafe that will inevitably tick a lot of boxes for any discerning purchaser.
Here are a few key elements of this great business;
• Location, the cafe is located in a southside suburban shopping centre with plenty of supporting businesses such as a supermarket, pharmacy and more. There is a strong population of locals who support the café and it is a thriving location with little close by competition.
• Great Lease The lease would have many other café owners weeping with jealousy and was renewed in 2022 with a 5 year term and 2 further 5 year options available. The cost of occupancy is less than 5% of turnover…
• The FItout The café was fully updated in 2021 at a significant experience and the café presents beautifully and will continue to serve well into the future.
• The Team The cafe is run under management with the current owners not taking an active role in the day-to-day management of the café. Key staff have been consulted and have indicated willingness to stay on after the sale.
• Well Established The business originally opened in 2014 and trade has shown steady and regular growth over that time and is a very well established and known part of the Canberra coffee scene.
• Genuine Reason For Sale The business is owned as part of a portfolio by a consortium of buyers who are facing new, bigger strategic opportunities and they are looking to sell this business to release equity.
• Priced To Sell We have fully appraised the business to current market conditions and it is priced affordably and competitively and the business should suit a wide range of buyers.
If you would like to see an information pack before this amazing business is snapped up the hit the enquire button now.
*Please note that for privacy reasons listing images are generic in nature and do not represent the actual business

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Lease Info

Trading Times

Size of Premises

Weekly Sales & Turnover

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Coffee Sales Per (Kg)

Wages

Turnover (inc GST)

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