Iconic Lunch Destination | Canberra City | Low Rent

Business Under Offer City, Australian Capital Territory 2601

Business Category Cafe and Coffee Shop Restaurant Takeaway Food

Under Contract / Offer

Description

Iconic Lunch Destination | Canberra City | Low Rent

This is a once in a lifetime business opportunity!

This iconic quick-service lunch destination is a favourite among locals, with long queues of customers daily and a reputation for exceptional quality. Open just Monday to Friday, lunch service only, the business delivers a perfect work-life balance while achieving outstanding financial results:

-Labour Costs: Only 15% of turnover thanks to an efficient business model.
-Low Rent: Just 6% of turnover, ensuring high profitability.
-Net Profit Margin: Strong 39%, making it a highly lucrative opportunity.
-Lease Security: Long-term lease with 10 years remaining plus an additional 5-year option.

This streamlined, low-complexity business is unique and attractive in every way. Businesses like this dont go to market too often. Ideal for owner-operators or opportunity to run the business under management for the savvy investors. There is also significant potential for growth through additional locations or franchising opportunities.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
Current term until 2035 plus 5 year option
$5,695 + GST per Month (includes outgoings)

Staff Details
The business currently operates with 2 x Full time owners and 5 Casual staff

Opening Hours
Monday - Friday
Contact Seller
Kristy Green

Bsale ID: 653953
Broker REF: 214324

GSE Hospitality Brokers
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