Bakery & Cafe for Sale Canberra - $400,000
An outstanding business, with liquor licence, in a prime location in an established and evolving restaurant strip. Rear access for deliveries and two parking spots for owners.
Fully equipped, recently renovated and painted; new POS system, banquette, counter, glass washer, ice machine and air conditioning; two year old chefs’ cook top, dishwasher, five cold rooms and bakery oven. Plant and equipment in excellent condition. Fresh, sophisticated interior suitable for wine, coffee, patisserie or pizza bar.
Existing 5 year Lease runs until 2020 (with possibility of a 5 year extension).
Currently trading 5 days per week, expandable to 7-day business.
Approx $2M turnover per annum, 15% as coffee sales.
Excellent Cash Flow
Gross and Net Profit margins top of the sector
Market Conditions & CompetitionN/A
Training & SupportN/A
Reason for SellingN/A
City: CanberraState: Australian Capital Territory
Weekly RevenueN/A Monthly RevenueN/A Annual RevenueN/A
Contact PersonKelli Lawton, Director - Cosgrave Soutter, Chartered Accountants PriceUndisclosed Year EstablishedN/A
Phone02 6272 0900 Cashflow$N/A EmployeesN/A