Licensed Café in idyllic Canberra
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
For sale is a fully licensed Café Restaurant and Catering business in an idyllic location in the ACT. Set in a historic building in stunning grounds. Despite the enviable location the business enjoys below market value rent.
The business operates as a casual café Sunday to Friday and on Saturdays transforms into a popular spot for weddings, functions and parties.
The operator has recently secured a catering contract with the ANU that will add significant revenue and value to the business.
The business would benefit from an increased presence on social media and the already busy catering side of the business has huge potential for further growth. The venue would be attractive anybody looking for a location for an elegant Restaurant.
With a genuine reason for sale you should not pass up the opportunity to inspect this business that shows incredible potential with a strong base of business to build from and a realistic price tag.
(Please note listing image is for advertising purposes only and does not represent actual business)
The business operates under license with a 5x5 term that started in 2013 and the option has recently been taken with the landlord willing to negotiate a new lease. CPI Increases apply.
Turnover (inc GST) $12,750.00
Net Profit $3,395.91