Bakery & Cafe For Sale Canberra - $400,000

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. 
 
Premises
 
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.
 
Lease
 
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.
 
Financials
 
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

Financial SummaryN/A

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Reason for SellingN/A

Location City: CanberraState: Australian Capital Territory CategoryCafe
WebsiteN/A

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

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