6 Businesses for Sale in Canberra Under $500,000
6 Businesses for Sale in Canberra Under $500,000
Canberra, the beautiful capital city of Australia is home to a bustling tourist economy, national attractions and a population that honours the art and local hospitality scene. If you are looking into buying a business in Canberra, then Bsale has plenty of options for you to choose from. Interested buyers can choose from cafes, restaurants, well-known franchises, trades and services, gyms, manufacturing services and lots more.
Business is thriving in Canberra in 2022, and the region has experienced a 7.7% increase in business currently trading in the area from 2021, "up from 31,499 the previous year and the highest number we’ve ever seen in this city”, according to Chamber CEO Graham Catt. The growth continues to be led by small businesses.
“Almost all of it occurs in the micro and small business sector – those with less than 20 and in many cases no staff,” Mr Catt said.
“With 63% of Canberra’s jobs now in the private sector, the ACT economy is becoming more and more reliant on small enterprises for our job and wealth creation. Small business is big business, as far as the local economy is concerned, and we want as many of them as possible to grow into bigger businesses,” said Mr Catt.
Some of the biggest business industries in Canberra include agriculture, construction, public administration, healthcare and export and import. Canberra is also commonly referred to as a 'test bed' for new ideas and new technologies, largely due to its close proximity to the Federal Government and is typically a front runner and major influence in the changes that shape Australia. This is evident in the recent budget, which included further funding for the Canberra Light Rail Stage 2A – bringing Commonwealth funding to more than $218 million.
Benefits of Buying a Business in Canberra
- Proximity to Government - Living and working as close to the government chambers gives the people of Canberra a direct link to have their voices heard in parliament, as well as being an obvious choice for government contracts.
- Voted One of The Most Liveable Cities in the World - Canberra is known for its idyllic lifestyle. It is easy to balance both work and play, thanks to its young, vibrant and intelligent population. Size counts here as well, being one of the smaller capital cities makes everything close by!
- Environment and Innovation - Canberra is well known for its efforts to ensure it is a progressive and sustainable city. They are the first city in mainland Australia to have achieved a 100% renewable energy supply and are continuing to accrue investments in its sustainability sector. If your business can pivot to become sustainable, you may benefit from additional government grants.
Interested right? Here are 6 businesses for sale in Canberra on Bsale now.
1. Pizza Hut for Sale - Gungahlin ACT
Price: $250,000 + SAV
Pizza Hut Gungahlin is part of the largest pizza chain in the world. The Gungahlin business was established almost 25 years ago, and the current owners acquired the business in 2019.
Pizza Hut Gungahlin operates from a fantastic location in the heart of the rapidly expanding Gungahlin; a suburb of Canberra and one of the fastest-growing districts in the ACT. The business is ideally situated in Gungahlin’s town centre among shops, cafes, restaurants, and a host of other amenities.
- Well-established – Over 25 years of operation
- Fantastic location in the heart of Gungahlin
- Operates under a Franchise Agreement
- Opportunity to further grow the business
- Part of the fastest-growing Quick Service Restaurant brand in Australia
2. Commercial Landscaping Business for Sale – Canberra, ACT
Price: $280,000
Landscaping business that is a preferred supplier to ACT Government and some major property groups in the ACT. A long-established business, it works with a well-established network of linked suppliers to deliver high quality, on time, and on budget.
The business has over $400K in approved jobs and $670K in pending jobs with new work coming in regularly.
- Reputable business with consistent turnover
- Over 90% contracts are with Government and Commercial customers
- Majority of business is generated from the existing portfolio of customers, referrals, or word-of-mouth
- Very loyal client base
- Low fixed overheads
- Very strong order book with supporting forecasts
3. Karens Diner Franchise For Sale - Canberra ACT
Price: From $150,000- $300,000 +GST
Here is an exciting opportunity to - Be a “KAREN”! You can acquire a global casual dining franchise in Australia for an exceptional entrepreneurial journey! Karen’s Diner is a well-recognised brand that focuses on service, or more specifically poor service, done in a humorous way. The restaurant offers traditional American diner-style food and beverages with a good dose of irreverence, which makes it unique and spunky.
- Short-term or normal site leases available (3 years to 5 years) with options, subject to landlord offer
- Investment ranges from $150,000- $300,000 +GST (depending on site size and fit out) – space is generally based on 200-350 sqm
- The initial Franchise Fee is $80,000 (prorated on lease type)
- 8% royalties + 3% ad fund for marketing
- Trading hours 12noon - 10 pm minimum - 7 days
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4. Snap Fitness for Sale - Canberra (suburban)
Price: $295,000 - All Offers Invited
A perfect entry-level investment opportunity for both the buyer looking for a model already run under management or the owner-operator looking to maximise owners' drawings.
This location is situated within a busy shopping village and offers onsite parking for its members. The business is well established in the area with room to grow on its current base of memberships.
- Annualised 2021 net profit approx $69,000
- 620 members
- Opened in April 2013
- 333m2 premises
- Ample parking for members
- Run under management
- Chance to increase earnings for an owner-operator
5. Profitable And Long Established Iconic Cafe for Sale - Woden ACT
Price: $95,000 + SAV
Cafe Copenhagen is known as an icon within Westfield Woden having been established since the inception of the Woden shopping centre in the early 1970s.
The cafe is superbly positioned and has an excellent reputation for serving delicious food and beverages, as well as its fantastic customer service. It has a large and diverse regular clientele and is open 7 days per week.
The owners are now wishing to retire therefore the business is on the market to be sold.
The business would be best suited to an owner-operator in order to take advantage of reduced wages and increased profits.
6. Established Driving School for Sale – Canberra ACT
Price: $120,000
With hundreds of future bookings included in the sale, this successful Driving School is continually growing with demand currently outstripping supply. With a very good reputation and 6 vehicles – including a hybrid car, the business delivers a profit of between $100k and $150k a year.
- Offers a range of professional learn-to-drive lessons for learner drivers
- Also offers defensive driving courses, as well as international drivers and mature-age learners
- Servicing the Canberra Region - including Yass, Queanbeyan & Bungendore region in NSW
- Established by the current owner in June 2016
- No premises - Claim home office for tax purposes
- Assets include 6 vehicles (insured value $40,400) + branded gazebo ($2K)
- Marketed via Google & Facebook advertising, school fetes - & cars are vinyl wrapped
- The market is teenagers from 15 years 9 months + 4 recruitment companies that also provide customers
- The business is staffed by the Owner + 5/6 contractors
Tags: listicle canberra nsw 2023 buying
About the author
Catherine Mangana
Customer Support
Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...
