$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:
https://www.surveymonkey.com/r/CapitalCommercialCafe

Frank Walmsley Exclusive Marketing Agent – 0400446605

Financial Snapshot

Reporting Period 2017 Weekly Average 2016 Weekly Average 2015 Weekly Average
Sales $3,373,187.00 $64,868.98 $3,073,810.00$59,111.73 $2,033,523.00 $39,106.21
Gross Profit $2,526,891.00 $48,594.06 $2,265,464.00$43,566.62 $1,434,312.00 $27,582.92
PEBITDA $959,381.00 $18,449.63 $780,013.00$15,000.25 $488,310.00 $9,390.58
Rent $228,085.00 $4,386.25 $207,690.00$3,994.04 $111,713.00 $2,148.33
Wages and salary $977,884.00 $18,805.46 $899,653.00$17,301.02 $595,540.00 $11,452.69

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

Enquire Now

Sales Summary

Sale Status : New Listing

Sale Method : Private Treaty with sav

Investment Amount : $2,200,000 + SAV

Stock at Value : $50,000.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au