Pearce Cafe Lounge

Business Details

Auction onsite this Monday the 21st of August 5pm. Registrations commence at 4:30pm.

Looking for a café that’s ready for a revamp? Pearce Café Lounge is an established business with an award-winning product and a die-hard and dedicated customer following in the local community.

Located in the heart of the Pearce shopping strip, the Pearce Café Lounge is in a prime position to serve the coffee cravings and paleo, grain free and gluten-free requirements of the locals. At present Pearce Café Lounge is the only Café on the Pearce shopping strip and benefits from the very reasonably priced rent of $2,218.25 (plus GST) per month!

The sellers have invested heavily in the fit out which provides comfort, character and unique atmosphere to customers. At a replacement value of over $240,000, the sellers know they will not receive the full amount back and their loss can be your gain.

The café trades under the name of the renowned bread wholesaler, Deeks, and retails all its most popular products. Due to the hot demand for their products and an expanding wholesale arm of the business, the owners must focus and direct their energy towards that section of the business.

A new owner can benefit from Deeks incredible success and near religious following by continuing to retail and sell Deeks breads, an added bonus and guaranteed extra revenue.

Don’t delay, forward your interest to sales@capitalcommercial.com.au

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 $324,628.00 $6,242.85 $352,729.00$6,783.25 $260,096.00 $5,001.85
PEBITDA $43,656.00 $839.54 $72,574.00$1,395.65 $45,721.00 $879.25
Gross Profit $217,500.00 $4,182.69 $250,438.00$4,816.12 $176,865.00 $3,401.25
Rent $26,506.00 $509.73 $25,781.00$495.79 $24,949.00 $479.79
Wages and salary $112,560.00 $2,164.62 $111,565.00$2,145.48 $81,092.00 $1,559.46

Business Summary

Canberra, Australian Capital Territory
Cafe/Coffee Shop.
  • The premises is leased.
  • Premises: Unit 4, in Units Plan 25 Pearce Shops, Symons Street Pearce ACT 2607
  • lease commenced on: 01/08/2014
  • lease expires on: 31/07/2017
  • Term of the lease: Three (3) years
  • Option: Three (3) years commencing 1st August 2017
  • Hours of Access: The tenant is allowed access to the premises seven (7) days per week 24 hours per day.
  • Bank guarantee: Three (3) months’ rent plus GST
  • Base rent: $26,619.16 per annum (plus GST)
  • Current monthly rent: $2,218.25 (plus GST)
  • Outgoings: 100% of increases in all statutory outgoings for the unit over a base year ended 30th June 2014.
  • Annual increases: 3%
  • Public liability insurance: $20 million
  • SQM: 90 square metres
Employees consist of: 1 Manager 3 Casual Shop Assistants
44 hours
Under management

Enquire Now

Sales Summary

Sale Status : For Sale

Sale Method : Private Treaty

Investment Amount : $69,950

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au