Iconic Canberra Food Business| Net Profit Circa $700k

City, Australian Capital Territory 2601

$1,700,000 + SAV

Key Features

AI generated. Contact seller to confirm.

  • Iconic, tightly held hospitality brand in the ACT
  • Sophisticated multi-faceted offering with diverse revenue streams
  • Thriving destination venue operating six days weekly
  • Strong intellectual property and high brand equity
  • Potential brand replication across additional locations
  • Potential expansion to seven-day operations
  • Turnover: $Approximately $3 million annually; weekly turnover $56,898 (net of GST)
  • Net Profit: $Net profit circa $700,000; EBITDA margin roughly 24%
  • Rent/Lease: Brand-new 7-year lease; rent $3,432 weekly; low outgoings

Business Details

Business Category Cafe Restaurant

Rarely does an opportunity arise to acquire such a tightly held and iconic hospitality brand in the ACT.

This high-performing business features a sophisticated, multi-faceted offering that attracts a broad customer base and consistently delivers an exceptional standard of product quality and guest experience.

Operating six days a week with diverse, complementary revenue streams, the business has established itself as a thriving destination venue.

Net sales sit at approximately $3 million annually, with careful operational management yielding an impressive and consistent EBITDA margin of roughly 24%.

A brand-new 7-year lease is available, offering long-term tenancy security with low outgoings and a highly favourable base rent representing only about 6% of sales. Immediate growth potential exists for an incoming owner, including expanding operations to seven days which owner estimates could potentially add in up to $750k in additional revenue based on current performance.

Partnering with the landlord who is a highly respected local developer to replicate the brand across additional locations is also a clear strategic growth opportunity.

This is a mature, highly profitable business backed by strong intellectual property, high brand equity, and secure lease terms.

Qualified buyers seeking a premier hospitality asset in this price range are encouraged to enquire for further information and a confidential discussion.

Lease Info
There is a brand new 7 year lease in place

**Weekly**
Turnover (inc GST) $56,898 (net of gst)
Rent $3,432

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

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GSE Hospitality Brokers GSE Hospitality Brokers
Rob Illsley

Bsale ID: 687646

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