Sold

Canberra ACT

Inner North Cafe | 5 day operation | $150/200k P/A profit

Description

For sale is a highly profitable café located in a wealthy inner North suburb of Canberra trading a family friendly 5 days a week with short hours and no early mornings. The café has been established for over 5 years and has shown consistent growth year on year with solid profits to the owners.

When considering a business you have the choice of buying something run down or needing attention or a successful, profitable business that is thriving, this café is a prime example of this type, all of the hard work has been done and the business enjoys some real commercial opportunities for further growth.

The suburb where this business is located is known to be one of the most successful in the whole of the ACT and the local businesses are thriving. There is a commercial opportunity available to grow the business with the landlord having plans to double the size of the business due to the consistently high demand in the area.

The café enjoys a fiercely loyal following with an offering that is slightly different to other cafes which drives strong demand with fantastic margins. There are opportunities for growth and expansion with an engaged and forward-thinking landlord who is keen to expand the premises for the right tenant and plans have been drawn up.

This is a highly successful café that has been fully systemised and streamlined to prepare it for the market, the offering is so unique and profitable that an ambitious owner who wants to replicate or franchise the business model has that opportunity.

If there is a better business in Canberra for this price, I am yet to see it.

•   well-established and mature opportunity turning over in excess of $20,000 per week and rent that represents only 5% of turnover., well ahead of industry averages.
•   No competition in the area which is a wealthy, inner north suburb with huge demand.
•   Fully costed business with strong financials and 5 years of consistent sales growth.
•   Great lifestyle with 9am starts, no evenings and 2 days a week off.
•   Conservatively priced with pragmatic owners prepared for a full handover.
•   Intellectual property that nets higher margin than regular cafes.
•   Identified opportunities for structured growth of the business.

*Pictures used are for advertising purposes only and do not represent the actual business

 

 

 

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Business Listed by

rob-illsley-800x800

Hospitality Consultant, Licensed Business Broker Canberra ACT @ GSE Hospitality Brokers

Robert Illsley is a licensed Real Estate Agent running the NSW Regional and Canberra office of GSE Business Consultants who specialise in selling food businesses.

I am very passionate about hospitality and have been involved in the industry for much of my working career. I trained as a Fine Dining Restaurant Manager and I have also been involved in the Wine Industry having spent 6 years working for one of th UK’s most well respected merchants.

In 2014 I set up my own specialty coffee shop which I ran for 4 years and I discovered a passion for broking when I came to sell my business. After a couple of bad experiences with brokers I discovered GSE and Paul showed me the right way to sell a business and he helped me to achieve a great price for my café in a reasonable time frame.

I understand that café owners are hard working people and when it comes to selling you want to entrust the sale to somebody who is as passionate about your business as you are.

I believe that selling a business works best in partnership between the broker and the seller and I work hard to gain an intimate knowledge of how your business works and what makes it special and unique and my passion and knowledge for the industry allow me to speak with authority when I am talking to buyers.

It is never too early to develop an exit strategy so if you have been thinking about selling or just want some help to understand what the process will be like when you do, then don’t hesitate to get in touch with me at any time.

Robert Illsley 0415 243 750

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