Canberra Takeaway Cafe, Lyneham
$170,000
What more could you ask for?
Perfectly located in Lyneham is this well-known, established and fully equipped business.
All you need for success is to collect the keys and continue making profit.
- Become your own boss, with no central management you can set your own hours and operate as you wish
- This business is perfectly set for a partnership, couple or family to run with minimal or no staff
- Given the great location; free parking and surrounded by schools, childcare, offices, complementary businesses and public places; there is a regular and strong flow of customers
- Shop fitted with all necessary equipment including pizza oven, grill, fryer, coffee machine, walk-in-freezer, walk-in-coolroom and much more.
- Currently trading 6 days for lunch and dinner this business has been owned and operated by the same family for over 7 years. It has low running costs, has a good reputation and is well known.
- Great turnover but also real potential for expansion
Financials in brief:
Weekly turnover over $7000
Owner profit over $120,000
For your chance to buy this strong Lyneham business call Haluk 0419 234 740
What do I need to purchase this property?
Initial Requirements (assuming sale price of
$170,000)
|
Stamp duty
|
$4,450
|
|
Legal fees1
|
$1,500
|
|
Loan application fees2
|
$655
|
|
Minimum deposit (10%)2
|
$17,000
|
|
|
Total initial payment: $23,605
|
Monthly Repayments (assuming deposit of $17,000 and sale price of $170,000)2
Loan repayments on $153,000 borrowed at
6.95% over 30 years.
|
(Principal and Interest) Loan Repayment: $1,013 per month
|
Notes
- 1Legal fees are estimated and will vary from firm to firm.
- 2Includes application fee, mortgage legals and valuation for standard residential ACT property.
Additional Land Titles Office fees are applicable for the registration and transfer of
mortgage. The calculation given above is an example estimate only and may not correspond with
what is commercially available.
Listing Age and Views
This listing was first displayed on 7/10/11, last updated on
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