This is a unique opportunity to acquire a well-established, mature, and profitable business that has successfully thrived despite fluctuating economic conditions, growing competition, and the rising cost of living. Known in the city's dining scene as a destination cafe, this business commands a strong market share and an excellent reputation.
A buyer will be acquiring a robust and reliable financial performer with last years annual profit $227,000 (under management) and a working owner could realistically draw an $80/100k salary from the business.
- Product Focus: The establishment is famed for its high-quality cakes, pastries, and brunch items. The menu features a full range of hearty yet elegantly presented breakfast and lunch dishes.
- Specialty Patisserie: The cafe specializes in patisserie products and home-made cakes that are manufactured in house. These cakes are popular for celebrations and can be ordered online for convenient in-store pick up.
- Secure Location: Located in a suburban shopping centre in a Northern ACT suburb.
- Lease Security: The premises occupies 152 square meters, and there is over 5 years left on the current lease, including an option set to be taken in 2026. Weekly rent is $2,132.
- Strong Reputation: The business maintains a significant online presence, reflecting its high customer satisfaction.
- Management Flexibility: The business is currently run under full management, with the owner only performing high-level management tasks and strategic decisions, taking no direct part in the day to day running. This structure offers flexibility for an investor or a new owner-operator wishing to increase their personal income.
- Clear Growth Paths: Immediate opportunities for expansion include further developing the high-quality cake and patisserie product offerings, encouraging impulse sales, and introducing a high tea offering, which is expected to be very popular.
This opportunity is ideal for an ambitious operator seeking a strategic acquisition.
**Weekly**
Turnover (inc GST) $30,962
Rent $2,132
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