Charming Local Cafe | Inner South Canberra | Popular Brunch

Here's your opportunity to purchase a well-established, profitable, and easy-to-run cafe in a popular and busy inner south suburb. The area is well known for being one of the best foodie destinations in Canberra. This business has been operating for 8 years and is well known by locals.
Key Features:
Established Business: The cafe has been operating for 8 years and is well known amongst the local community.
Desirable Leafy Surrounds: Located in a beautiful, leafy suburb, providing a tranquil and inviting atmosphere in a popular foodie precinct.
Compact and Smart Layout: The cafe operates efficiently within a 50 square meter space, requiring minimal staff to operate.
Low Overheads: The cafe is cheap to run with a minimal need for high levels of staff.
Attractive Lease: Low cost of occupancy and desirable lease.
Charming and Elegant Fit-Out: Modern, timeless and up-to-date design with a charming neighborhood cafe feel. No significant reinvestment required.
Outdoor Seating: Semi-enclosed outdoor seating area with cafe blinds and heaters for the colder months.
Loyal Customer Base: The cafe has carved a niche for itself, enjoying a regular base of loyal customers.
Turnkey Operation: Ideal first business for someone with industry experience.
Current Turnover: $12K per week gross sales, opportunity to grow revenue with extended trading hours.
Well Managed Cost of Goods: Current COGS sitting at an average of 31%.
This is a fantastic opportunity for someone looking to step into a well-established, turnkey business in a prime and highly sought after location. This business would suit an owner operator with some experience in the industry.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
5 year Lease commenced Oct 2023
Base Rent $59,187 per annum plus GST and Outgoings
Additional leased storage area
Staff Details
The business currently operates with the owner operator plus
2 x Full Time Chefs
4 x FOH casuals
1 x FOH Part Time
Opening Hours
Monday Friday 6am 2.30pm
Saturday Sunday 6.30 am 2.30pm
**Weekly**
Sales $12,000