Super Profitable Espresso Bar Canberra (on Trendy London Circuit)

Bs8665,Canberra ACT 2601

$289,000 plus Stock

BusinessSize: n/a
Business ID: BS8665

Turnover 2018: $610,000. Owners Profit 2018: $150,000. 65 - 75kgs of Coffee Sales per week. Trading Monday to Friday. Sales Price: $289,000

This Espresso Bar is a vibrant, inner city coffee bar with a strong following within the captured market of London Circuit and the surrounding offices and apartments.

The business opens Monday to Friday for early morning coffees and stays open until late afternoon. The concept is all about great coffee and quality grab and go meals. The cafe also offers dine in facilities. The facilities are well utilized for breakfasts and lunch. During the day numerous offsite office meetings are taking place.

The cafe offers a continuous vibrant atmosphere which keeps the local customers returning day after day.

This Espresso Bar has secured its presence on London Circuit and has become a favourite coffee bar under the locals.

BUSINESS HIGHLIGHTS

-Turnover 2018: $612,000
-Owners Profit 2018: $150,000
-Low Monthly Rent
-6 plus 3-year lease agreement in place
-Low hours required by new owner
-Well trained staff
-Top location well positioned for future growth
-Well-developed customer base with majority being return customers

This business is run like a well oiled machine. An easy to run and operate business with very little moving parts. Handover will entail the new owner being across all facets of the business.

If you enjoy the buzz of a busy cafe filled with energy and people, this business is for you. A great place to earn a good income and have tons of fun doing so.

Asking Price: The Price is set at $289,000 plus stock.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Stamp Duty:$0

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What's Nearby

Ainslie Primary School, AinsliePrimary School
1.3km
Campbell High School, CampbellHigh School
1.7km
Calvary Private HospitalHospital
5km
Canberra CentreMajor Shopping Centre
0.4km
Australian National UniversityUniversity
1.1km
Merici CollegeCollege
1.8km
City Post OfficePost Office
0.4km

Canberra Suburb Information

 
 
Average Age
24 years
Population
2,824
Canberra Profile
Canberra Occupancy

Contact agents

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This listing has been viewed 348 times. It was first displayed on 21/05/19 and last updated on 21/05/19.