Cafe and Restaurant
Canberra l ACT
Ref: RICG0711

South Canberra Specialty Cafe | $25/$29k per week Turnover For Sale

Often cafes located in suburban locations often offer some of the best value for buyers, they generally enjoy rents that are lower than high streets and shopping malls and experience high demand with much less competition, this business is a prime example of that success. Suburban cafes have been some of the strongest performing businesses during Covid and this café is now exception with sales that are stronger than ever.

Located in a local shopping strip surrounded by complimentary businesses and with no competition for miles around this café enjoys strong demand with a varied demographic of customers who visit the business regularly and the rent represents less than 5% of turnover.

The business was opened in 2013 by the current owner who recognised the potential demand for a café in the area and he has built a strong and sustainable business with staff who are well trained, highly motivated and settled in their roles, this has resulted in the business enjoying great success with a high profile and the business has won several awards for its food, coffee and service.

The café itself occupies 110 square metres and can accommodate around 80 people spread between the main café, a covered al fresco area at the rear of the shop as well as seating out the front. There is a full commercial kitchen in place and the shop is very well presented and required no further investment.

If you are looking for a busy, profitable and friendly neighbourhood café that has low rent, is well established and efficiently run then this opportunity will be perfect for you. Qualified buyers will be sent an information pack on the business.

* Please note that generic listing images are used for advertising purpose only and do not represent the actual business.

Sales $26/29,000 per week

Rent $1,100 per week

Price: $399,000 + S.A.V. question mark popup button
GSE Business Consultants
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Broker : Robert Illsley
Phone: 04 1524... (click to show)
Mobile: 04 1524... (click to show)
Address:
Level 32, 101 Miller Street
North Sydney, NSW, 2060


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