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Canberra Profile

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Pistachio Cafe, Canberra

$90,000

Hard to Secure Location on Offer in Sydney Building

General Description
Pistachio Cafe is located in one of the prime positions in Civic.  Located in the Sydney Building this location attracts the early morning traffic of the bus interchange, the employees in the large Government buildings surrounding it during the day, school traffic mid afternoon, late afternoon bus traffic, families at dusk and then the night club patrons to the all hours of the night and into the morning.

Potential
The cafe has only been open for a short period of time so the fit out is like brand new.  The new owners can continue to trade it as a cafe and could walk in tomorrow and have everything ready to go.

The other option is you can decide to change the business model and run a different type of business.

No restrictions on trade so you can trade 24 hours a day - 7 days a week if you desire.

Premises
Includes hot food display cabinets, inside and outside seating, cafe equipment, fresh look inside, wooden floors.

Location
Sydney Building, Civic

Trading Hours
Currently 5 1/2 days a week.  However no restriction on trade days or hours.

Lease
$570 week + GST.

Financials
Due to this business only operating for a short time no financial information is provided.

Comments
Locations like this do not come up very often as it is the prime location in Civic if you want to capture a lot of foot traffic.  Sit outside for a day and you will be amazed by the number of people and range that you can open a business for.

Price
$90,000

Contact
Jason Klose of Brindabella Business Brokers
0414 890 286
jklose@bbbrokers.com.au

Confidentiality Agreement
http://www.bbbrokers.com.au/pistachio-cafe.html

Click the "Enquire" button at the bottom of the screen and kindly complete your details.

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Agent Details

Brindabella Business Brokers

P: 0414 890 286
E: jklose@bbbrokers.com.au

PO Box 6088 Mawson ACT 2607
www.bbbrokers.com.au

Askdoe Holdings Pty Ltd
Licensed Agent
View all sales listings for this agency

What do I need to purchase this property?

Initial Requirements (assuming sale price of $90,000)

Stamp duty $1,800
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $9,000
  Total initial payment:   $12,955

Monthly Repayments (assuming deposit of $9,000 and sale price of $90,000)2

Loan repayments on $81,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $536 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 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 18/11/11, last updated on 26/3/12, and has been viewed 1966 times. Please note the counter is not updated immediately.

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