Brew and Brew Cafe

Business Details

EOI 23/6/2021
 
Brew and Brew is an exceptional five day a week business located in the highly prized and recently rejuvenated and redeveloped "Constitution Avenue" precinct. 
 
The owner has invested close to $800,000 in fiting out this business. It's a turnkey operation that is essentially brand new and requires no further investment. 
 
The lease favours the tenant with monthly rent at approx $6500, including  GST. It's a straight ten-year lease- through to 2028- with a five-year option, and considering the location, it's a remarkable value. 
 
The owner invests about 40 hours a week in the running this 6am-4 pm business and for his efforts gets rewarded about $4k a week, including profits. That's about $200k a year. 
 
The business is surrounded by various government agencies that are now refilling with return from home officer workers waylaid by the Corona virus in 2020. 
 
The business is now consistently turning over $20k plus, and buyers that can provide a refundable deposit of $25,000 can observe the business for 2 weeks. We will need an acceptable offer before we can proceed to the inspection stage. 
 
We have a detailed information package we can provide. 
 
He is selling because he owns multiple businesses and needs to focus on new and merging opportunities. 
 
If you have an interest in owning, please email your full name and contact number  to sales@capitalcommercial.com.au. 

Financial Snapshot

Reporting Period 2021 Weekly Average 2020 Weekly Average Weekly Average
Sales $865,753.00 $16,649.10 $674,620.00$12,973.46 $0.00 $0.00
Gross Profit $544,129.00 $10,464.02 $417,337.00$8,025.71 $0.00 $0.00
PEBITDA $240,981.00 $4,634.25 $157,587.00$3,030.52 $0.00 $0.00
Rent $66,067.00 $1,270.52 $8,844.00$170.08 $0.00 $0.00
Wages and salary $267,308.00 $5,140.54 $260,429.00$5,008.25 $0.00 $0.00

Business Summary

Canberra, Australian Capital Territory
Cafe/Coffee Shop.
The premises are subleased.
 
•  Sublease commenced on: 1 October 2018
•  Sublease expires on: 30 September 2028
•  Term of the lease: 10 years
•  Option: 1 terms of 5 years
•  Bank guarantee: An amount equal to the sum of 3 months’ base rent plus GST, being $18,837.50 as at the commencement date
•  Base rent: $65,000 plus GST per annum in Year 1
•  Monthly rent: $5,134.83 including GST
•  Annual increases: 4%
 
Public liability insurance: $20 million
Mon - Fri: 6:00 am to 4:00 pm; Sat - Sun : Closed
Owner Operated

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Sales Summary

Sale Status : For Sale

Sale Method : Expression of Interest

Investment Amount : N/A

Stock at Value : $0.00

Finance Options :

Frank Walmsley

0400 446 605

sales@capitalcommercial.com.au