Profitable Cafe for Sale Canberra

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Why buy this Profitable Cafe Business

Profitable Cafe for Sale Canberra Asking: $110,000

Purchased May 2023. Partnership hasn't worked out. Last 10 months Gross Sales $685k - Sale Price $110k +SAV
This franchise was established in April 2014 in this Major Shopping Centre in this busy & highly desired District in Canberra ACT.
Features & Benefits
* Established since 2014.
* Good Profits with Good management
* Excellent healthy proven tasty products
* Excellent cafe location within this large Westfield Shopping Centre.
* The business has always had consistent sales.
* An Owner/Manager who enjoys working in hospitality will be able to maximize further on the Café's location and improve sales and profits.
* Easy to manage franchised business. No experience required. Full initial & ongoing training provided by head office.
* Low Franchise Fees. 4% of Sales only
* Reasonable asking price. $110k Neg.
* All employees are happy to continue working for the new owner if required.
* Long lease which expires in June 2027. With good tenant conduct, there should be no issue with getting another 5 years term at the end of this lease.
Buyer needs to be approved by Head Office as a franchisee & by the landlord as a lessee
This business is a great opportunity for someone looking to buy an established and profitable Coffee franchise at a very reasonable price. A passionate, fully dedicated and passionate owner will certainly be able to improve this business further and reap the rewards.