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Northside | Profitable | Under Management For Sale

Australian Capital Territory, Australia
Asking Price:
$289,000 + SAV (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Situated in a bustling centre with abundant foot traffic, this perennially favoured specialty coffee spot presents an unmissable opportunity. Since its inception in 2021, the cafe has steadily earned acclaim as one of the centres top coffee and breakfast destinations. Situated in sought-after location, with an attractive fresh fit out, this presents a lucrative acquisition for a multisite operator or for an owner-operator seeking a profitable & established high-end cafe. This Business is successfully and profitably run under management whilst seeing an 8% increase in revenue this year vs last year.

To know more, or arrange an inspection, enquire today.

Key Features:
-Strong Coffee Sales - 35kgs Coffee per week plus retail

-Exquisite Fit out - Site constructed in 2020

-Digital Presence - Superb online and social media presence

-Secure Lease - 3.5 Years remaining on current 7 year lease

-Profitable Business 15% NP for a working owner

-Strong Turnover Avg Weekly sales of $20K p/wk

-Established & Growing Business Showing an 8% growth in weekly sales for this FY

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details

7 Year Lease, Exp Oct 2027

Staff Details

The business is currently run with 1 x FT Manager, 1 x FT Cook, 2 x Casual/PT Cooks, and 5 x Casual Barista/Front of House.

Opening Hours

Monday - Thursday 7.30am - 4pm

Friday - Saturday 7.30am - 5pm

Sunday 8am - 4pm