Summary
A fantastic opportunity to own a well-established local business in the heart of Banks. This is the perfect setup for an owner-operator or investor looking for steady income and low overheads.
Revenue
$11,000 pw
Rent
$1,083 pw
Expenses
$7,000 pw
Net Profit
$2,917 pw
Location Details
96 Pockett Avenue
local shopping strip with ample parking
Potential
Consistent Turnover | Loyal Customer Base | Great Location
A fantastic opportunity to own a well-established local business in the heart of Banks, one of Canberra’s most community-driven suburbs. This is the perfect setup for an owner-operator or investor looking for steady income and low overheads.
Skills
Key Features:
Reliable weekly revenue with strong local customer support
Easy-to-manage operation with simple systems in place
Clean, modern fit-out – no major updates needed
Located in a growing suburb with minimal competition
Training & support available to ensure a smooth handover
Evening-only hours: Enjoy work-life balance with daytime free
Hours
Closed Tuesday. Open on Wednesday until Monday 5pm-9:30pm
Lease
8/10/2028
Employees
We currently hired 4-6 staff (including driver, front staff and kitchen staff)
Reason for Sale
the owner is relocating out of Canberra to return to their hometown for a lifestyle change and rest after years of operating the business.
About the Business
Business Overview:
Asking Price: $120,000
Annual Turnover: Minimum $480,000
Operating Hours:
Wednesday to Monday: 5:00 PM – 9:30 PM
Closed on Tuesdays
Monthly Rent: $4,333.33
Staff Costs: Approx. $3,000/week (salary for owner as well, this can be adjustable)
Inventory: Approx. $2,000/week
Other Expenses (utilities, insurance, waste): ~$500/week
History
10+ years of continuous operation – well-known and respected in the local community
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