Business is still growing each year and profitable

Mawson Cafe And Bakehouse,Canberra ACT 2601

$165,000

BusinessSize: n/a

General Description
Mawson Cafe and Bakehouse is part of the Coffee Guru franchise system and it was started September 2017 and has built a strong loyal customer base along with goods systems and staff in place. The owner works approx. 24 hours a week in the cafe and the business generates good profits for an owner who only working part time hours in the business. Key points on this cafe are:

Open 7 days a week
Excellent lease
Fit out in great condition
Consistently busy
Coffee sales averages 40kg per week
Plenty of upside for a more hands on owner

The owner is selling as they operate a 2nd business and do not have the time to run the two businesses so it is time to sell their cafe as it receives the owners least amount of time per week.  Just check out the Mawson Cafe and Bakehouse facebook site and you will see the owners other business which she runs from a separate site.

Potential
The 2nd business the owner runs takes a majority of their time so the cafe has always come second. A more hands on owner will keep improving on this profitable business.

The business is now in a strong position and a new owner can continue to build on. It takes at least 3 years to establish a cafe. A new owner can walk in knowing all the hard work has been done as staff mainly run the cafe with good systems in place.

Location
Southside

Trading Hours
7 Days
Closed Public Holidays and Christmas

Lease
New 5 year lease with option
$56,000 + GST per year

Financials
Weekly sales averaging $11,300
Gross Profits averaging 72%
Owners profit over $72,000

Price
$165,000 + SAV

Like More Information - Confidentiality Agreement
To release further details about this business a confidentiality agreement must be completed - takes about 1 minute. This can be done by following the instructions below:

1) Go to http://www.bbbrokers.com.au/7-day-franchise-cafe.html
2) Click on the "Enquiry" button at the bottom of the screen
3) Enter your details, including something in the comment area and click "Submit"

Inspections

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

Key Details

Property Type:Business
Stamp Duty:$0
 
Brindabella Business Brokers

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

Brindabella Business Brokers

Brindabella Business Brokers

View agency details
Jason KloseBrindabella Business Brokers
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This listing has been viewed 64 times. It was first displayed on 25/11/19 and last updated on 25/11/19.