For sale is a cafe and diner located in a busy suburban shopping centre in the south of the ACT. The business is well established and is currently run by a highly experienced operator who is now looking to slow down and focus on other opportunities.
The business offers a range of breakfast and lunch items as well as burgers, chicken and pasta dishes.
There is a brand new 5×5 year lease with base rent at $1,500 per week which equates to just over 10% of the turnover which is around $14 per week.
As my client is getting older he has been looking to slow down and the shop currently shuts at 2.30pm but in the past the business has successfully operated as a takeaway with an evening offering and this is an area of immediate opportunity to reinstate this strong revenue stream.
This is an affordable and established business with a brand new lease and identified areas for growth opportunities.