Freshly Modelled New Acton Cafe and Bar

Business Details

This freshly modelled premium business needs a motivated new owner who is ready to reap the rewards of its trendy atmosphere and coffee craving customer base.

Located near the heart of the exclusive cultural precinct of New Acton, this café and bar has a position second to none. The business is situated directly below many offices, including Boston Consulting Group and GHD, while the Department of Agriculture sits directly adjacent to the café.

For this exclusive position, you are only expected to pay $4,500 per month in rent plus GST. The premises leased is 90 square meters but the owner has access to a total of 250 square meters, which includes both indoor and outdoor facilities, providing exceptional value to a buyer.

The current owner has a great relationship with the landlord who has shown flexibility by providing a long-term lease of 5 + 5 years. At this stage, the lease has only just commenced, providing a stable home for a new business owner.

With a fresh fit out and a unique feel, this has made the venue a popular destination for Friday night office drinks. The liquor license includes both indoor and outdoor portions of the café. With a fully operational bar, there is huge potential to expand the range of liquors sold. The owner believes this could increase the turnover of the business.

The business is currently run under management, with the employees running the day to day operations while the owners attend to other interests. A new owner could allow staff to run the business, or could increase their value by running the day to day operations themselves.

Don’t delay as this one of kind opportunity won’t last long!

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(6 months) Weekly Average Weekly Average Weekly Average
Sales $270,766.00 $5,207.04 $0.00$0.00 $0.00 $0.00
Gross Profit $175,725.00 $3,379.33 $0.00$0.00 $0.00 $0.00
Wages and salary $128,347.00 $2,468.21 $0.00$0.00 $0.00 $0.00
Advertising $6,320.00 $121.54 $0.00$0.00 $0.00 $0.00

Business Summary

Canberra, Australian Capital Territory
Cafe/Coffee Shop.
  • The premises is leased.
  • lease commenced on: 01/02/2017
  • lease expires on: 31/01/2022
  • Term of the lease: 5 years
  • Option: 5 years
  • Bank guarantee: An amount equal to 3 month’s Rent (plus GST) from time to time, being initially $15,125 (including GST)
  • Base rent: $45,000 per annum (plus GST)
  • Fit out rent: $10,000 per annum (plus GST)
  • Car Park Base rent: $4,500 per annum (plus GST)
  • Monthly rent: $3,750 plus GST
  • Monthly Fit out rent: $833.33 plus GST
  • Monthly Car Park Rent: $375 plus GST
  • Outgoings: 1.16%
  • Outgoings: rubbish removal, water and sewerage, air-conditioning
  • Annual increases: 3.5% p.a.
  • Public liability insurance: $20 million
  • SQM: 90m2
Employees consist of: • 1 Full Time Chef • 1 Casual Head Barista • 1 Casual Café Manager • 1 Casual All rounder • 1 Barista/all rounder • 1 Casual dish cleaner
61:30 hours
Under management

Enquire Now

Sales Summary

Sale Status : Under Offer

Sale Method : Private Treaty

Investment Amount : $150,000

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au