Allsales Phone : 1800 85 **** Rick De’marco
1800 ****

0478 ****


Large Multi Award Winning Upmarket Cafe With a Reputation for Excellence

Listing Id : 276994

Location : ACT - Canberra -Canberra

Category : Cafe and Coffee Shop, Takeaway Food, Restaurant

Asking Price : 1,500,000 + SAV

Business description

A large upmarket café with extensive indoor and outdoor seating. This cafe has a reputation for excellence in coffee, cakes, desserts and service. It is most definitely a favorite in Canberra.

 

Location Details
This business is located in a prime location in a thriving shopping centre in Canberra. 

 

Potential

There are numerous opportunities such as a purchaser being able to put their own stamp on this business and introduce their own ideas and new products, e.g. gelato / ice cream. The business could add online ordering, which it does not offer at the moment. 

 

Hours
Monday-Friday 7.30am-5.30pm

Saturday-Sunday 7.30am-4pm

 

Lease
Current lease is 7 years expiring in 2**** ****

 

Employees
1 x Owner

1 x FT Head Chef

5 x FT Chef’s

3 x Casual Kitchen Hands

3 x FT Floor Staff

12 x Casual Floor Staff

2 x Casual Baristas

1 x Store Manager

1 x Outsourced Bookkeeper


 

About the Business
The business was established in 2005 in Jamison Plaza, Macquarie, Canberra. At the time, Jamison Plaza was a small, older suburban mall, servicing the local community. The owner of the business was only an inexperienced 19 year old setting up his first café and using the business to learn and grow. Within a couple of years, the café had expanded into the neighbouring store and the centre underwent a complete redesign and facelift. The new design provided a better layout and larger footprint, attracting new tenants. The business was able to secure larger premises that provided seating for 130 patrons across both indoor and outdoor areas. The owner took an interest in desserts, due partly to the rise of MasterChef and the likes of Adriano Zumbo. The new range of tempting cakes, desserts and pastries became incredibly popular and worked to set the business apart in the industry. 


Key facts about this business:

-The premises are owned by a supportive landlord, willing to offer flexible lease terms to the next owner  -This business benefits from a prime location in a sought-after centre in a premium area of Canberra 

-Run by a substantial team of staff with all the pastries and cakes supplied from the owner’s other store (an arrangement which can continue under the same commercial terms for the medium term) -Excellent reviews online 

-Winner of numerous industry and business awards over the years 

 

For more information on this opportunity, please contact the undersigned:

 

FOR SALE BY VENDOR

Or

Allsales Business Consulting & Business Sales
T: 1800 858 696 E: support@allsales.net.au

 

For more details go to and complete our online confidentiality agreement. Use the reference ID BUS767 to search for the business.



Disclaimer: 

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.


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