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Restaurant business for sale in City

  • Restaurant
  • City ACT 2601
  • $899,000 plus Stock

Iconic Lunch Destination | Canberra City | Low Rent | Long Lease

This is a once in a lifetime business opportunity!

This iconic quick-service lunch destination is a favourite among locals, with long queues of customers daily and a reputation for exceptional quality. Open just Monday to Friday, lunch service only, the business delivers a perfect work-life balance while achieving outstanding financial results:

-Labour Costs: Only 15% of turnover thanks to an efficient business model.
-Low Rent: Just 6% of turnover, ensuring high profitability.
-Net Profit Margin: Strong 39%, making it a highly lucrative opportunity.
-Lease Security: Long-term lease with 10 years remaining plus an additional 5-year option.

This streamlined, low-complexity business is unique and attractive in every way. Businesses like this don't go to market too often. Ideal for owner-operators or opportunity to run the business under management for the savvy investors. There is also significant potential for growth through additional locations or franchising opportunities.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
Current term until 2035 plus 5 year option
$5,695 + GST per Month (includes outgoings)

Staff Details
The business currently operates with 2 x Full time owners and 5 Casual staff

Opening Hours
Monday - Friday

GSE Hospitality Brokers
GSE Hospitality Brokers
Suite 201,110 Pacific Highway
North Sydney, NSW 2060
Kristy Green
Kristy Green
0480 507 573

Business Highlights

Business ID2019653321
Floor AreaAsk Business Broker
Category
Last updated  21 Nov 2024
Map for City ACT 2601
Map for City ACT 2601City ACT 2601
Inspections
Documents
GSE Hospitality Brokers
GSE Hospitality Brokers
Suite 201,110 Pacific Highway
North Sydney, NSW 2060
Kristy Green
Kristy Green
0480 507 573

Business Highlights

Business ID2019653321
Floor AreaAsk Business Broker
Category
Last updated  21 Nov 2024

Listed by

Kristy Green
Kristy Green
GSE Hospitality Brokers
Call
0480 507 573

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