City Cafe - APS Building
Stock Included: Yes
Stock Value: 20,000
Years Est: —
Gross Revenue: —
An almost passive investment opportunity this weekday cafe is managed by a full complement of staff and occupies a prime Canberra city location at the base of a large office building rented to a federal government department of over 2000 employees.
A massive floor space of approximately 320 square meters with ample natural light from the extensive floor to ceiling windows helps to attract and keep a strong following of public servants and passers-by to the cafe.
All that light helps to accentuate the fresh and modern fit-out & equipment ($1.4 million worth at original cost), another factor to keep the coffee flowing strong. No wonder then the business generated over $1.4 million in sales and gross profit above 60% for the financial year 2011-2012.
The business also takes advantage of the many neighbouring corporate clients in building up a considerable list of catering contracts, providing another string to the bow of income generation and adding an extra element of resilience to wider economic conditions.
Currently owned by a partnership of three which is now being dissolved, so the asset must be liquidated! This is an excellent opportunity to invest in a huge potential income generator. Ideal location, staff in place, high quality equipment, large client base – this is one to inspect.
- Lease approximately 320m2 for $15,600 plus GST/month
- Large APS building location within a commercial centre
- Generating over $1.4 million in income (2011-2012)
- Gross Profit above 60% (2011-2012)
- More than $1.4 million worth of assets (original cost)
Stock approximately $20,000
Motivated vendors want to move, so make yours.
Don’t miss out on this rare and exciting opportunity! Express your interest by using the ‘enquire’ form on this webpage or alternatively enquire via email to firstname.lastname@example.org
Lead agent Frank Walmsley
Approximate Stock Value: