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What happened to the (in)famous Landmark Cafe?

By 22 November 2012 17

I walked past the Landmark Cafe yesterday (Wednesday) and saw that the business was closed, and for sale. 

Does anyone know more about the situation?

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17 Responses to
What happened to the (in)famous Landmark Cafe?
DrKoresh 10:30 am
22 Nov 12
#1

My guess is that no-one really noticed that ugly little cafe in the centre of town, and the few who did decided to go somewhere better.

KB1971 11:29 am
22 Nov 12
#2

Family reasons according to the sign.

Baldy 1:11 pm
22 Nov 12
#3

dph 2:44 pm
22 Nov 12
#4

Isn’t this the same place that had a run in with some protesters?

c_c™ 3:08 pm
22 Nov 12
#5

$150,000 sounds a bit steep, particularly for a place with little to no reputation to buy along with the hardware.

Bad location, bad concept (coffee, hot dogs and hens night specials?) and some very dodgy staff.

c_c™ 3:12 pm
22 Nov 12
#6

Still, not as brave a price as the Easy Way Tea people want: http://www.allhomes.com.au/ah/act/sale-business/easy-way-tea-canberra-centre-canberra-canberra/1316832114011

Another relatively new business being sold up. Can’t believe there are that many people wanting to drink milky, sugar filled carcinogenic drinks.

Mike Bessenger 3:39 pm
22 Nov 12
#7

Baldy said :

And it is for sale on Gumtree

http://www.gumtree.com.au/s-ad/city/business-for-sale/landmark-cafe/1009737603

WOW.
He really talks it up, what a salesman.

mezza76 3:52 pm
22 Nov 12
#8

c_c™ said :

Still, not as brave a price as the Easy Way Tea people want: http://www.allhomes.com.au/ah/act/sale-business/easy-way-tea-canberra-centre-canberra-canberra/1316832114011

Another relatively new business being sold up. Can’t believe there are that many people wanting to drink milky, sugar filled carcinogenic drinks.

I’ll see your Easy Way tea and raise you a Kingston Cafe with no competition…
http://www.allhomes.com.au/ah/act/sale-business/kingston-cafe-with-no-competition-canberra-canberra/1316830115111

Complete with staff being paid twice as much as they should!

grunge_hippy 5:05 pm
22 Nov 12
#9

hold up… also on sale on gumtree…. sinsations. I’m surprised no one has snapped that fine establishment up….

poetix 5:09 pm
22 Nov 12
#10

We could go all Ozymandias again…

Look on my Landmark, and despair.

willo 6:00 pm
22 Nov 12
#11

sinsations for sale eh? better go check my bank account

Mr Evil 6:06 pm
22 Nov 12
#12

KB1971 said :

Family reasons according to the sign.

Yeah, maybe one of the family members ‘contracted’ homosexuality from all them ‘poofters’ who were hanging around the cafe being gay and protesting and all that?

Either that, or they’re just useless at running a business and have decided to run and hide behind some lame excuse.

c_c™ 6:10 pm
22 Nov 12
#13

mezza76 said :

c_c™ said :

Still, not as brave a price as the Easy Way Tea people want: http://www.allhomes.com.au/ah/act/sale-business/easy-way-tea-canberra-centre-canberra-canberra/1316832114011

Another relatively new business being sold up. Can’t believe there are that many people wanting to drink milky, sugar filled carcinogenic drinks.

I’ll see your Easy Way tea and raise you a Kingston Cafe with no competition…
http://www.allhomes.com.au/ah/act/sale-business/kingston-cafe-with-no-competition-canberra-canberra/1316830115111

Complete with staff being paid twice as much as they should!

That is fantastic.

Funny thing is the ad says $422,000 turnover in 2011. Then says averaging $10-11,000 this year, which would equal up to $132,000.

For any cafe (much less one with ‘no competition’), $422,000 would be low turnover, and to then loose 3/4 of that… yeah, that’s not going to sell.

Also 20kg of coffee a week is low too. What a croc.

liability 9:24 pm
22 Nov 12
#14

c_c™, did you even read the ad?

It says averaging $10k to $11k PER WEEK so far in 2012, that’s around $550,000 per year, an increase over 2011.

20kg of coffee is close to 2,500 cups of coffee a week, add that to the other food an drinks sales and that easily adds up to $10k to 11k a week.

In future please read before you post.

WoW 9:37 pm
22 Nov 12
#15

Don’t want to rain on anyones parade but:
Mazza said:6:10 pm, 22 Nov 12

I’ll see your Easy Way tea and raise you a Kingston Cafe with no competition…
http://www.allhomes.com.au/ah/act/sale-business/kingston-cafe-with-no-competition-canberra-canberra/1316830115111

Complete with staff being paid twice as much as they should!

That is fantastic.

Funny thing is the ad says $422,000 turnover in 2011. Then says averaging $10-11,000 this year, which would equal up to $132,000.

For any cafe (much less one with ‘no competition’), $422,000 would be low turnover, and to then loose 3/4 of that… yeah, that’s not going to sell.

Also 20kg of coffee a week is low too. What a croc.

As I read the ad it was 10k to 11k per week – to me thats over $520k per annum and 20 kilos of coffee isn’t bad – that equates to 1800 cups of coffee per week – Bet the people who buy it read more carefully!

What a croc?

You sure!

BelcoMan 9:41 pm
22 Nov 12
#16

c_c™ said :

mezza76 said :

c_c™ said :

Still, not as brave a price as the Easy Way Tea people want: http://www.allhomes.com.au/ah/act/sale-business/easy-way-tea-canberra-centre-canberra-canberra/1316832114011

Another relatively new business being sold up. Can’t believe there are that many people wanting to drink milky, sugar filled carcinogenic drinks.

I’ll see your Easy Way tea and raise you a Kingston Cafe with no competition…
http://www.allhomes.com.au/ah/act/sale-business/kingston-cafe-with-no-competition-canberra-canberra/1316830115111

Complete with staff being paid twice as much as they should!

That is fantastic.

Funny thing is the ad says $422,000 turnover in 2011. Then says averaging $10-11,000 this year, which would equal up to $132,000.

For any cafe (much less one with ‘no competition’), $422,000 would be low turnover, and to then loose 3/4 of that… yeah, that’s not going to sell.

Also 20kg of coffee a week is low too. What a croc.

Don’t want to rain on your financial analysis however if you look at the figures they are correct.

10-11,000 PER WEEK = $520-572,000 per annum not $132
20 kilos at between 40-45 cups per = 800-900 cups @$4 =$32-3600 just in coffee which may align correctly with the claimed takings depending on the coffee/food ratio.

Having said all that, you would be buying “a cafe that can not be competed within the area” is a very strange claim as pretty much impossible to guarantee.

Ah well Caveat Emptor I guess…………..

RedDogInCan 9:49 pm
22 Nov 12
#17

c_c™ said :

$150,000 sounds a bit steep,

Tell him he’s dreaming.

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