South Canberra Espresso Bar | Massive Bargain For Sale
For sale is an Espresso located in the lobby of a busy shared space in the South of Canberra.
The current owners have run this espresso bar for over 12 years and have decided to sell this site as part of a wider restructure of their business. The business closed for the Christmas break and the owners have decided not to reopen in the new year pending a sale.
When operational the site historically performed with sales around $8,000 per week with coffee, cold drinks, and light meals for takeaway and the margins for this type of business are generally strong due to low food and labour costs.
The fit out presents very well and all you would need to get going is to install a coffee machine supplied by your chosen coffee roaster and away you go.
The business has been priced for a quick sale and it will be first in first served so if you are looking for a cheap yet potentially lucrative business you won't find a better bargain.
There are 5 years left on the lease with the landlord indicating a willingness to renew.
* Please note that generic listing images are used for advertising purpose only and do not represent the actual business.
Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
