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