5 days - 10 hours - $170k profits

Business Details

Are you looking for a premium business with strong growth and profits with little owner involvement?
Located in the heart of the Department of Health precinct in Woden, this business has a massive customer base from the surrounding Corporate and APS offices. This has guaranteed the businesses strong financial performance over the past three years.
This business is renowned for world class specialised coffee and value for money menu items, with a consistency that has generated frequent return customers.
The owner is living the dream, only working between 5 - 12 hours a week, and takes a substantially higher salary than what he puts into the business.

The business has demonstrated accelerating growth over the past three years due to fast growth in new customers through positive word of mouth.
With an experienced and confident hospitality team, the business is well prepared for the large volumes of trade it does on a day- to-day basis.
For this prime location you'd be only expected to pay $8,054.20 (GST inclusive) rent per month, which is an exceptionally fair rate in today's Canberra market.

In brief:
* Turnover of around $1,070,151 and PEBITDA of $170,792 in FY 2016.
* Open 5 days, 7:00am to 4:00pm.
* Owner only works between 5 -12 hours per week, plenty of time to pursue other interests.
* Outstanding reputation for specialised coffee and food offerings.

To express your interest and receive our full Business Information Package (BIP), please email - sales@capitalcommercial.com.au - with your full name, contact number and stating that you would like to receive further information about this business. We will then email you the deed of confidentiality, which once completed will enable us to email you the BIP and supporting documents.

Thank you on behalf of the team at Capital Commercial Business Sales.

Financial Snapshot

Reporting Period 2017 (annualised) Weekly Average 2016 Weekly Average 2015 Weekly Average
Sales $1,356,390.00 $26,084.42 $1,070,150.00$20,579.81 $901,839.00 $17,343.06
Gross Profit $839,278.00 $16,139.96 $582,726.00$11,206.27 $525,499.00 $10,105.75
PEBITDA Being prepared $0.00 $170,792.00$3,284.46 $132,067.00 $2,539.75

Business Summary

Canberra, Australian Capital Territory
Cafe/ Coffee shop - 5 Days Cafe.

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Sales Summary

Sale Status : Sold

Sale Method : Private Treaty

Investment Amount : $549,950

Stock at Value : $10,000.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605