Profitable 5 Day Cafe
Stock Included: Yes
Stock Value: 10,000
Years Est: —
Gross Revenue: —
A prudent location in one of Canberra’s major professional precincts allows this popular established cafe to continue to grow revenue from an all but captive market of hungry and coffee-loving office workers.
Operating 5 days a week, the business represents an attractive work-life balance to an owner operator while returning strong profits – the owner took above $88,000 in profit after add backs for the 2013-2014 financial year.
The fit-out is fresh and inviting, and the current lease is in place until December 2018. The rent is low for a space of this size (157m2) with a captive market.
Long-term staff assist the owner who works 4 days a week in the business. There is therefore potential to increase owner hours worked to maximise profits, or to increase employee hours and convert to an under-management operation.
After 7 years the seller wants a new challenge, opening this excellent opportunity for investors.
Asking price is $189,950 plus SAV
Stock approx. $10,000
To find out more, please 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
0400 446 605
Approximate Stock Value: