Fully Managed Northside Cafe | Sales $30k Per Week

City, Australian Capital Territory 2601

$550,000 + SAV

Key Features

AI generated. Contact seller to confirm.

  • Fully managed operation with absentee owner
  • Weekly sales around $30k
  • Speciality patisserie and in-house cakes
  • Located in suburban shopping centre, Northside
  • Over five years remaining on lease
  • Clear growth avenues: high tea, impulse sales
  • Turnover: $30,962 per week
  • Net Profit: $227,000 per year
  • Rent/Lease: $2,132 per week; 152 sqm; lease >5 years, option 2026
  • Stock Value: Not disclosed
  • Established: Well-established; year not stated

Business Details

Business Category Restaurant

This is a unique opportunity to acquire a well-established, mature, and profitable business that has successfully thrived despite fluctuating economic conditions, growing competition, and the rising cost of living. Known in the city's dining scene as a destination cafe, this business commands a strong market share and an excellent reputation.

A buyer will be acquiring a robust and reliable financial performer with last years annual profit $227,000 (under management) and a working owner could realistically draw an $80/100k salary from the business.

- Product Focus: The establishment is famed for its high-quality cakes, pastries, and brunch items. The menu features a full range of hearty yet elegantly presented breakfast and lunch dishes.

- Specialty Patisserie: The cafe specializes in patisserie products and home-made cakes that are manufactured in house. These cakes are popular for celebrations and can be ordered online for convenient in-store pick up.

- Secure Location: Located in a suburban shopping centre in a Northern ACT suburb.

- Lease Security: The premises occupies 152 square meters, and there is over 5 years left on the current lease, including an option set to be taken in 2026. Weekly rent is $2,132.

- Strong Reputation: The business maintains a significant online presence, reflecting its high customer satisfaction.

- Management Flexibility: The business is currently run under full management, with the owner only performing high-level management tasks and strategic decisions, taking no direct part in the day to day running. This structure offers flexibility for an investor or a new owner-operator wishing to increase their personal income.

- Clear Growth Paths: Immediate opportunities for expansion include further developing the high-quality cake and patisserie product offerings, encouraging impulse sales, and introducing a high tea offering, which is expected to be very popular.

This opportunity is ideal for an ambitious operator seeking a strategic acquisition.

**Weekly**
Turnover (inc GST) $30,962
Rent $2,132

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GSE Hospitality Brokers GSE Hospitality Brokers
Rob Illsley

Bsale ID: 677428

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