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Successful Cafe With Greatly Improved Potential In High Traffic Location - Profit To Owners $155k+ Pa - Canberra For Sale

Canberra, Australian Capital Territory, Australia
Asking Price:
$120,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Business ID: BS------

Priced to sell at $120K + Stock with HUGE growth potential as entertainment next door leading to greatly increased traffic flow. THE CAFE IS BACK IN OPERATION AS OF 11 MAY '20 POST COVID-19.

This Cafe sits in one of the busiest locations in the Canberra Centre with a very strong and loyal customer base. The Canberra Centre is the ACT’s premier destination for retail, dining and entertainment and is surrounded by public service office buildings. This provides a very reliable and steady stream of traffic.

The only cafe that sells coffee and food in its location in the Centre in a kiosk style with seating for 35+ at table and chairs.

As an independent business (not franchised) it has the freedom to operate as it likes and is not restricted in any way. The cafe is also surrounded by very high traffic flow retail outlets.

THE BIG BONUS:
A new Leisure Entertainment business called Kingpin opened in December 2019 that brought increased traffic flow within 30 metres of this Cafe. A new playground is also being built by the Centre next to the cafe providing even more traffic.

BUSINESS HIGHLIGHTS:
-High Traffic flow location
-Highly visible kiosk style location
-Recently opened children's playground next to the cafe
-Surrounded by Popular Retail Outlets
-No close by cafe style competition
-Easy to operate business
-11 years of consistent trading in this location

Vendor Training - will teach new comers and provide ongoing support when needed.

This business is highly visible and ideal for either an experienced cafe owner or newcomers who want to enter the hospitality industry. It's prime location with plenty of passing traffic and no immediate competition make it ideal for someone who wants to work for themselves.

Asking Price: $120K plus $5,000 stock

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