Perfect First Business | South Canberra Cafe | Low Rent

This well-established and locally beloved cafe presents a fantastic opportunity for a new owner-operator to take over a profitable and growing business. Boasting an impressive net profit margin of 24%, this business has been setup for success with a modern and attractive fit-out, low operating costs, and efficient management practices.

Renowned for its exceptional coffee, food, and service, the cafe has built a strong reputation within the local community. It's an ideal opportunity for a first-time business owner with industry experience, offering a chance to step into a well organised business with a solid foundation.

With consistent year-on-year growth, the new owner will have an excellent opportunity to further capitalize on this proven success and continue the upward trajectory in sales.

Key Highlights:
Attractive Fit out: The fit out is only 2.5 years old and Has been kept in immaculate condition with everything still looking brand new!
Impressive Financials: Our Vendor has been laser focused on driving profit through the business with low COGs and wages; Enjoy a strong 24% net profit margin, with consistent growth demonstrated by a 19% revenue increase from FY23 to FY24.
Secure Long Lease: Benefit from a long-term lease until 2030 with an additional 5-year option, ensuring stability for years to come.
Low Occupancy Costs: Take advantage of super low occupancy expenses and desirable lease terms, enhancing overall profitability.
Flexible Trading Hours: The business operates 6 days a week and is closed during Christmas and Easter holidays, allowing for a balanced work-life schedule.
Kgs Coffee per week: 25 - 30Kgs
Financials: Full financials are available for qualified buyers, providing confidence and insight into the businesss strong performance.

This is a rare opportunity to acquire a growing business with proven profitability and a solid foundation for continued success. Dont miss out on this chance to own a thriving operation that ticks all the boxes.

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

Lease
8 Year Lease plus 5 year option commenced Nov 2021
Gross Base Rent $39,465 plus GST per annum

STAFF
The business currently operates with the owner operators plus
1 x Full Time Barista
4 x FOH casuals

Trading Hours
Monday Saturday 7am 2.30pm
Sundays - Closed