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Buy Industry Best Kept Secret/ Blue-chip for Emigrants!

Retail - Food/Beverage Businesses for Sale in Canberra, Australia

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Title: Industry Best Kept Secret/ Blue-chip for Emigrants!
ID Number: 9062
State: Countrywide
City/Town/Suburb:CANBERRA ACT 2600
Listing Type: Businesses
Categories: Retail - Food/Beverage, Small Business - Other, Leisure/Entertainment - Recreation/Sport
Description: THE OWNER'S STORY

A few years ago the current owner and his wife started this business with the dream that one day they will become the citizen of Australia. They’ve spent some years living and traveling this country, fall in love with it so much that they‘ve decided to make Australia their permanent home!

After the migration visa has been approved a few months ago, their target has been achieved. They’ve also feel that the business has outgrown their capacity as a first timer and they are happy to pass onto someone who may be more proficient in taking the business to another level. While running a successful restaurant may not be their dream, it can definitely be yours! Half of the success has been done for you- there is no special knowledge required to both keep and run the business!

WHY CHOOSING THIS REGION?

+Star of Growth+
In the last 2 years, ACT was a national no.1 performer with 19.7% of increase in the sale of goods and services

+Highest Disposable Income+
Canberra has the highest average disposable income per capita in Australia, which contribute to the strong retail and business sector

+Excellent trend in Food retailing+
While the Australia national retail growth rate in turnover in 2011 is 2.2% p.a. and the ACT average is 0.8% p.a., food retailing sector in ACT in particular has a 5.5%p.a. growth rate which is the highest among all retail industry.

WHY CHOOSING THIS BUSINESS?

+Incredible annual growth in turnover+
While the average food retail sector in ACT is achieving a 5.5% p.a. growth rate, this business has an incredible growth of 360% net profit growth during last year!

+High net profit margin+
The industrial average of Australian restaurant is about 8% in net profit margin, while this business is currently achieving 16% growth!

+One of the best location and coverage+
This business site is strategically located next to numerous offices, the main shopping mall, movie theatre, supermarket, city bus terminal, while within short walking distance to the Australian National University, many medium/upper class residential areas.

+Franchise Excellence+
With strong franchise support system and a well-known local brand name, this business is one of the highest turnover stores in the whole Australia and a record breaker! Exclusive right to 85% of Canberra area was negotiated by the vendor.

+Minimum & flexible working hours+
The current owner only working on operation 5-6 hours a day 4 days per week on average, and his wife working on operation only 2 -3 hours a day 4 days per week. Still a lot of room to grow if you want to spend more time on operation!

+Long term potential to Growth+
The area is currently under rapid development for upper-middle class residential and commercial spaces which is strategically planned to strive for years to come.

+Facilities to Sustain Business Growth +
All equipments were brought brand new and vendor has kept a good record of maintenance. There is a sizable room can easily convert to another commercial space.

SALE INFORMATION

Recent business valuation by professional exceeded > $1m in value!
Owners are keen to sell soon and move on for their dream lifestyle along the coast. The asking price is AU$ 785,000 W.I.W.O. negotiable with vendor finance options available. Owner will consider any reasonable offers for all serious buyers so don’t be shy to put in an offer for this rare opportunity!

INFORMATION FOR BUSINESS EMIGRANTS

+More time on what really matters to YOU!+

With the world ranking of 26th best city to live, what sets Canberra aside from most other Australia and world cities is its incredible lifestyle. Much of what is best about Australia can be found in the nation's capital - it's a clean, safe and relaxed place to live. You can spend more time doing the things you love!

+One of the best places to raise a family in Australia+

Canberra’s school system is recognized as the best in Australia. It has the highest retention rate of students completing secondary schooling, and the percentage of Canberra students gaining entrance to university is also the highest in Australia.

The no.1 ranking university in Australia- the Australian National University- is located right next to the heart of the city center

WHY THIS BUSINESS?

Do you know that your Business migration visa will not be approved if you own an unsuccessful business?
You do not want to risk the future of your family or your investment when you buy into a business which may turn out to be a non-performer or under-performer, or simply starting a new business without knowing whether or not it will survive.

You want to be sure when it comes to one of the most important decision for your family. If you are serious about building a good life in Australia, you should consider this winning business. Half of the success has been done for you. Contact us today and find out more!
Price: Upon application
Stock Value: $ 7,000.00 to $ 10,000.00
Net Profit: $ 420,494.51 approx
Turnover: $ 1,243,700.41 approx
Plant Value: $ 150,000.00 approx
Accounting Figures FY: 2009 to 2012
Lease Terms: 7 years
Rented Area: 120 square metre
Trading Hours: 11am to 11.30pm everyday
Map of CANBERRA ACT 2600, AU

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