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Cafe And Coffee Shop For Sale in Canberra ACT

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1 On One Espresso

Location:Canberra, ACT

Category:Cafe and Coffee Shop

Asking Price:$525,000 plus SAV

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
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Business description

1 On One Espresso is the only cafe located at the Department of Finance on No. 1 Canberra Avenue, Forrest.

The business is the perfect solution for a buyer looking for the opportunity to generate an executive income and build on the excellent base the current owners have created while working family-friendly hours.

This type of business comes on the market very rarely in Canberra, and the business owners' motivation to sell is clear and straightforward: they can't and don't want to manage two businesses at the same time.

With the turnover exceeding $1,000,000 per annum and the rent at a touch under $3000 per week, this is a gilt-edged investment opportunity.

There is an excellent complement of staff in key positions, and the current operator explains that the social hours are a huge attraction to finding and retaining staff.

The fitout is exceptional and offered clear-title—this means no tricky equipment leases.

The days of tenants buying businesses in large shopping centres where no lease security or loyalty is offered are over!

Why sacrifice 10% in turnover for non-performing franchises?

Keep your weekends, have long-term security, retain profits by owning 1 On One Espresso at the Department of Finance.

In the first instance, you will need to sign a deed of confidentiality. Once that is completed, my office will send you a business information package after review.

Now, we haven't set a price for the simple reason that the owners are motivated to sell and want to listen to the market. I've sold equivalent businesses for between $400,000 and $600,000 in the last ten years; this should work as a price guide.

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