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Inner South Cafe | 10 Year Lease In Kingston For Sale

Kingston, Australian Capital Territory, Australia
Asking Price:
$249,000 (AUD)
Sales Revenue:
$520,000 (AUD)
Cash Flow:
Available on request

For sale is a cafe located in a brand new development in a wealthy Inner South suburb. The cafe enjoys a premium location and is surrounded by supporting businesses including a large supermarket and private residences. Currently the cafe trades 7 days a week and can seat 40 guests inside and another 30 outside with a comprehensive offering covering breakfast and lunch as well as a range of hot and cold drinks and snacks and sales sit around $10/12k per week.

The cafe has an attractive, almost brand new fitout with no further investment required and the business is secured for the long term by a 9×5 year lease. Current sales are $10/12k per week and growing.

The owner has had a change of personal circumstances which is forcing him to sell earlier than expected and in order to secure a quick sale the business has been priced competitively. This is the perfect opportunity for a savvy buyer to grab a young and growing business with huge scope for future growth and development. This business is not expected to remain on the market long so if you are interested then enquire now to obtain an information pack.

*Please note that stock images are used for privacy reasons and do not represent the actual business

Lease Info
9x5 year lease commenced October 2020

Trading Times
7 days 7.30am-9pm

**Weekly**
Turnover (inc GST) $10-12k
Rent $1,302

Property Information

Real Estate:

Lease

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