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Best Coffee In Area

Business for Sale
Best coffee in area
Canberra ACT

Best coffee in area – must sell soon, under performing

Sold

Best coffee in area

Stock Included: Yes
Stock Value: 7,000
Years Est:
Gross Revenue:
  This inner north café has a history going back over 50 years, has stood the test of time, and has built a solid reputation.

A
change in the owner’s family circumstances means that the business can
only operate 6 days a week. 7 day a week trading will improve trading
and profitability.

A genuine sale, this business must sell quickly!

There
is a strong opportunity here for excellent returns on investment, with
yearly turnover more than $430,000 averaged over the past three years,
with gross profit averaging over 67% for the same period. Coffee is a
big seller, with between 30 and 38 kilograms sold per week.

The
business is advantageously located in one of Canberra’s most significant
commercial centres. Further development is planned to begin this year,
which will bring in more customers. The large space (currently holding
48 in-door seats, fully equipped kitchen, cool room, and bathrooms) is
currently rented at $78,000 per annum plus GST.  

This business
is ready for a new owner, with very recent upgrades made to the fit-out,
including replacing the old lighting and upgrading the air-conditioning
units. The electricity bill has now been significantly reduced as a
result, and the new energy efficiency will continue to produce dividends
for the new owner as electricity prices continue to rise in coming
years.

In brief:
  • Sales for 2012-2013 approximately $397,000
  • Gross profit averaging 67% over the past three financial years
  • 30-38kg coffee sold/week
  • Leased until April 2017, rent the large space for $78,000 plus GST per annum 
  • Busy inner-north location, scheduled for advantageous development
  • Seating capacity of 76
Asking $79,950 plus SAV
Stock approximately $7,000

This is your opportunity to own an established café at an entry-level price. Full information package available on enquiry.

Express
your interest by using the ‘enquire’ form on this webpage or
alternatively enquire via email to sales@capitalcommercial.com.au

Don’t wait, tomorrow could be too late we are taking inspections and offers this weekend – Call Julian today.

Lead agent Julian Hunt
0448 488 656
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