Gorgeous cafe loaded with potential already making solid profits in the heart of Phillip

(no street name provided),Phillip ACT 2606

$175,000

BusinessSize: n/a
UV: $865,000 (2018)


Summary
Cracking little cafe smack in the heart of Phillip. The owners have already spent the time and effort taking the business to a solid, profitable cafe only operating 5.5 days per week.


Potential
The experienced owners have already made this fantastic cafe a great little business, however, with time divided between two cafes, it is impossible to give the business full attention. The ability to increase catering as a side business to increase income is a definite possibility.

Reason for Sale
While the owners have really enjoyed the challenge of operating two cafes in different suburbs, they have decided focusing on one cafe and providing their clients the perfect experience is more important than operating two great cafes.


About the Business
In most hospitality businesses, location is key. This cracking little cafe is located right in the heart of Phillip ensuring exposure to vast quantities of traffic.

So many businesses these days require 7 day a week trade to operate profitably. How about a business only 5.5 days per week that closes at 3pm Monday to Friday and does not operate on public holiday? On top of that, as Philip quietens off over the Christmas break, the need to operate diminishes. The owners have the ability to close down for weeks at a time and due to their location and traffic, they are in the unique situation where they can pick up where they left off.

Why sell for only $175,000? The owners are realistic sellers and are wanting to sell the business in a reasonable timeframe rather than holding on for an extended duration to achieve top dollar. This gives you the perfect opportunity to pick up a wonderful cafe for at the right price.

For more information on this great, vibrant, charming cafe, contact Andrew from Summit Business Brokers today on 0418 676 400.

Chase your dreams, take control and live the life you want to live.

Inspections

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

Key Details

Property Type:Business
Unimproved Value:$865,000 (2018)
Stamp Duty:$0

What's Nearby

Sts Peter And Paul Primary SchoolPrimary School
0.9km
Melrose High School, PearceHigh School
1.8km
The Canberra HospitalHospital
0.9km
Woden PlazaMajor Shopping Centre
0.5km
Australian National UniversityUniversity
7.9km
Canberra CollegeCollege
0.8km
Phillip Post OfficePost Office
0.6km

Phillip Suburb Information

 
 
Average Age
32 years
Population
2,083
Phillip Profile
Phillip Occupancy

Contact agents

Summit Business Brokers

View agency details
Andrew NuttallSummit Business Brokers
Please send me information on (no street name provided), Phillip ACT 2606
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
This listing has been viewed 138 times. It was first displayed on 24/05/19 and last updated on 24/05/19.