Cafe and Restaurant
Canberra City l ACT

5 Day Canberra City Cafe URGENT SALE, 100% NET RETURN For Sale

Net return as per 17/18 tax return after vendors drawings and depreciation $377,300.
Turnover is approximately $28,000.00 per week average.
Key Attributes:
• 5 Day (Mon-Fri) Trade Plus Occasional Functions
• Long 25 year history
• Prime position in landmark tower surrounded by office blocks
• Simple menu (no need for chefs)
• Diverse income streams (Coffee, takeaway, dine-in, functions, strong corporate & private catering).
• Hugh potential for growth (corporate catering, adjoining vacant refurbished office tower, functions)

For sale by genuine vendor wishing to retire.

Recent refurbishment of unique glass ceiling atrium + granting of liquor licence gives this business the only 110 person function venue in the city.
Easily run under management as per previous 2 owners.
Corporate catering is simple, repeat business, high profit margin + easily to greatly increase.

No experience necessary, full training can be provided if requested.

Price: $380,000 + S.A.V. question mark popup button
Client No: W1605084622

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Contact Details

If no telephone number contact is displayed here, then seller prefers initial email contact

    (Private sale, no contact by agents or marketers please.)

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