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Business for sale in ACT , CANBERRA
Capital Commercial Business Sales
Broker Details: Capital Commercial Business Sales
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5 Day Cafe - Government building

 
Location: ACT - CANBERRA -Canberra
Category: Cafe and Coffee Shop
 
Financial summary
Asking Price: $580,000 + SAV
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: $5,000
 
Business description

Prudently located at the base of a large government building, this highly profitable 5-day-a-week cafe earns the current owner more than $240,000 annually. Here’s why you should be asking for more info:

1. Profit:
The owner’s profit exceeded $246,000 for 2011, and the first quarter figures for 2012 show a further 19% increase in Gross Profit which bodes very well for the future profitability of this business.

2. Location:
The current vendor doesn’t worry about marketing because he was savvy in choosing the location. Nestled in a government building, public servants are basically a captive client base. Plus it’s an area of continuing development with 3 major construction works scheduled nearby.

3. Lease:
A long secure lease is in place until June 2017. Rent 161 square meters for only $5756 (excl. GST) per month. The low overhead costs for a fit-out this size provide plenty of breathing space and magnifies profits.

4. Simple to run:
The café doesn’t open weekends, nights, or public holidays, and takes two weeks off over Christmas. There’s no table service, so only three staff members is sufficient to keep the coffee coming.

5. Potential:
With six public service buildings nearby, the catering side of the business represents a considerable untapped resource. Some catering is currently provided, so the basic system is in place and ready to expand.

In brief:

  • *  Total sales above $717,000 in 2011
  • *  Gross profit of 60.71%
  • *  Owner’s profit over $246,000
  • *  First quarter 2012 figures even better
  • *  Trades from 6am to 4:30pm weekdays
  • *  Asking price includes over $178,000 worth of assets (as per depreciation schedule)

Asking $580,000 plus SAV
Stock roughly $5,000

This is an investment that will pay dividends. Register your interest today by using the ‘enquire’ form on this webpage or alternatively enquire via email to sales@capitalcommercial.com.au

Our friendly sales team is on standby to provide a detailed business dossier containing financial and operational information for this business.

Email is the best avenue, but we are also contactable by telephone on 02 6253 4664.

 

 
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