SOLD

45kg Coffee Under Management No Kitchen (UNDER OFFER)

ACT

Last asking price $365,000

Sold June 2023

Restaurant

General Description
Business owners only dream of owning a business that is run by small number of staff with no involvement, very profitable and in a price location.  This coffee business ticks all the boxes:

 Open 7 days a week.

 No competition in the food court

 Reasonable rent.

 Owners do not work in the business - 100% staffed

 Consistently busy

 Does not cost much to run

 No kitchen

 Gross profits of 78%

 

 

 

Potential

This business only started trading in November 2013 so new customers are still discovering it and returning as regulars.  New owners can expect to continue to grow as customers discover this business.

  

Whilst run by staff, an owners presence would greatly improve the business as can ensure less wastage, send staff home if trade quite and built a good rapport with the customers.

  

Cakes, macaroons and other food items are sold in the business but not pushed at all.  New owners could look at introducing other items and ensuring these add on sales occur to keep improving turnover and profits.

  

Features
Average 45kg of coffee sales a week.  Fit out is new.  Only coffee outlet in the food court.

Premises

No kitchen.  Professional setup to focus on producing excellent coffee and other food items.

Location

Civic

Trading Hours

7 Days

Lease

Runs to 30 April 2019

Financials

Weekly sales averaging $13,000

Gross Profits averaging 78%

Rent per week $1,500

Profit per week averaging $4,000 to $5,000

Price

$365,000 + SAV

 

Confidentiality Agreement

To release further details about this business a confidentiality agreement must be completed - takes about 1 minute.  This can be done by following the instructions below:

 

1) Go to xxxxxxxxxx.html

2) Click on the "Enquiry" button at the bottom of the screen

3) Enter your details, including something in the comment area and click "Submit"

 

 

 

 

Restaurant for sale in Canberra Region

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