$959,381 reasons to own this 5 1/2 Day no night cafe.

Business Details

$959,381 reasons to own this 5 1/2 Day no night cafe.

The proof is the profit, $959,381 for the 2017 financial year.  

This business is a gilt-edged investment likely to make your bank managers combover stand-up.

Trading less than 60 hours per week, flanked by secure and abundant tenants and with no direct competition, this is a unique opportunity to own a lucrative and highly successful operation.

With the anticipated value exceeding $2 million based on recent and comparable sales the current owner requires buyers to demonstrate their ownership and buying credentials.

If you are interested, please complete the below link:

Frank Walmsley Exclusive Marketing Agent – 0400446605

Financial Snapshot

Reporting Period Weekly Average Weekly Average Weekly Average

Business Summary

canberra, Australian Capital Territory
Cafe/Coffee Shop.

The premises are leased.

  •   Lease commenced on: 1 Jan 2016
  •   Lease expires on: 31 December 2025
  •   Term of the lease: 10 years
  •   Option: N/a
  •   Bank guarantee: 3-month rent including GST
  •   Base rent: $225,000 per annum excluding GST
  •   Percentage increase: 3.5% pa
  •   Outgoings: No outgoings paid under this lease
  •   Public liability insurance: $20 million
  •   SQM: 600 SQM
Employees consist of: 3 managers 1 Head Chef and 1 Pastry chef 8 Wait Staff 2 Bakers Baristas 4 Chefs
Approx. 58 hours
Owner operator, assisted by casuals

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Sales Summary

Sale Status : New Listing

Sale Method : Expression of Interest

Investment Amount : EOI - 16/05/2018

Stock at Value : $50,000.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605