Iconic Canberra Food Business| Net Profit Circa $700k

Rarely does an opportunity arise to acquire such a tightly held and iconic hospitality brand in the ACT.

This high-performing business features a sophisticated, multi-faceted offering that attracts a broad customer base and consistently delivers an exceptional standard of product quality and guest experience.

Operating six days a week with diverse, complementary revenue streams, the business has established itself as a thriving destination venue.

Net sales sit at approximately $3 million annually, with careful operational management yielding an impressive and consistent EBITDA margin of roughly 24%.

A brand-new 7-year lease is available, offering long-term tenancy security with low outgoings and a highly favourable base rent representing only about 6% of sales. Immediate growth potential exists for an incoming owner, including expanding operations to seven days which owner estimates could potentially add in up to $750k in additional revenue based on current performance.

Partnering with the landlord who is a highly respected local developer to replicate the brand across additional locations is also a clear strategic growth opportunity.

This is a mature, highly profitable business backed by strong intellectual property, high brand equity, and secure lease terms.

Qualified buyers seeking a premier hospitality asset in this price range are encouraged to enquire for further information and a confidential discussion.

Lease Info
There is a brand new 7 year lease in place

**Weekly**
Turnover (inc GST) $56,898 (net of gst)
Rent $3,432

For more details, please email broker or call agents.