SOLD! Profitable and Established Cafe and Bar for sale in The Canberra Centre
Exceptional Business with Exceptional Earnings. Turning over $600,000 p/a with near $200,000 p/a earnings to owners.
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Type: B
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SOLD! Profitable and Established Cafe and Bar for sale in The Canberra Centre
Walk in and trade. This business is placed in the absolute best possible position in The Canberra Centre. Upmarket and well established. Profit to new owners from day one!
Business Highlights
- Upmarket Cafe and Bar trading daylight hours
- Established business with 7 years plus trading history.
- Turning over $600,000 per year
- Owners profit close to $200,000
- Complete new refurbishment/fit out worth $200,000
- Trained and loyal staff can run under management
- Best position in the prestigious Canberra Centre
- A full 5 years remaining on current lease
Simply walk in and trade. The premises has 32 m2 super convenient storage nearby which forms part of the lease arrangement. SAV is estimated to be around $20,000 at time of exchange.
This business is priced to sell. The new owner walks into a near $200,000 earnings capacity and reaps the full benefit of a brand new architect designed fit out, an established business with predictable sales operating mostly in daylight hours.
Priced at $395,000 + SAV (estimated at $20,000)
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