Breizh Cafe

Business Details

If you want to own a cafe in Canberra, Ainslie is the place to own one!
Whilst Ainslie was once considered a Northern Canberra suburb, it has now cemented its place as a member of the Inner-North, where cafes are low in number but high in owner profitability. This is demonstrated by the average sales per trading week throughout 2017 of $20,764.
Breizh Cafe is renowned for world class specialized crepes and a value for money menu, with a consistency that has generated fiercely loyal return customers, as demonstrated by an excellent 4.6/5 from 33 Google reviews. The focus of this business on specialty food offerings has allowed it to carve out a niche and distinguish itself from the standard Canberran café or crêperie.
The owners of this business are also taking a substantially higher salary than what they put into the business, with owners taking $127,342 in salary for FY 2017. 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 and rapidly growing location, you can be only expected to pay $4377.38 (GST Inclusive) rent per month, which is an exceptionally fair rate in today's Canberra market.

Financial Snapshot

Reporting Period 2017 Weekly Average 2016 Weekly Average 2015 Weekly Average
Sales $856,706.00 $16,475.12 $628,616.00$12,088.77 $498,737.00 $9,591.10
Gross Profit $637,601.00 $12,261.56 $469,619.00$9,031.13 $362,139.00 $6,964.21
Rent $47,753.00 $918.33 $49,204.00$946.23 $0.00 $0.00
Wages and salary $447,678.00 $8,609.19 $212,831.00$4,092.90 $0.00 $0.00
PEBITDA $169,149.00 $3,252.87 $136,845.00$2,631.63 $102,754.00 $1,976.04

Business Summary

Canberra, Australian Capital Territory
Cafe/Coffee Shop.

The premises is leased.

  •  2/15 Edgar Street, Ainslie ACT 2602
  •   Lease commenced on 1 October 2013
  •   Lease expires on 1 October 2018
  •   Term of the lease: 5 years
  •   Option: 5 years further option
  •   Bank guarantee: Three months rental will be required as per the lease = $12,870.00 (incl. GST)
  •   Base rent: $46,800 per annum at commencement, as varied under this lease
  •   Current monthly rent: Monthly Rent: $4377.38 (GST Inclusive, Outgoings)
  •   Annual Increases: Annually to ACT CPI Index
  •   Public Liability Insurance: $20 million
  •   Promotion Contribution Fund: N/A
  •   Turnover Rent: N/A
  •   Refurbishment date: Not Specified
  •   Refurbishment obligations: TBC by landlord
Employees consist of: 2 Chef 6 Waitress/Barista 2 Kitchen Hand 1 Pastry Chef 2 Owner and Manager
Wednesday to Friday; 9am to 4pm. Saturday, 9am-4pm, 5:30pm to 9:30pm. Sunday 9am 3pm.
Full Time Management

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Sales Summary

Sale Status : For Sale

Sale Method : Expression of Interest

Investment Amount : EOI - 01/03/2018

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au