Listing status: Inactive
Reason: --
Popular brand coffee franchise Café in a busy Canberra Westfield Centre
Industry :
ProfessionalSub Industry :
BrokerageAbout the business
About the Business
This Café sells premium brand roasted coffee, fresh juices, classic wraps, local favorite breakfast and lunch menus and desserts
Selling 28kg of coffee per week
Current Sales $16,000 per week
Rent & Outgoings (ex GST) $13,422 per month
Business Highlights
Full kitchen with grease trap and exhaust
New kitchen equipment installed in 2020 which were hardly used during lockdown
Absolute ideal shopping mall location in high foot traffic ground floor of one of the busiest shopping centres in Canberra
No competitors in the proximity of the ground level shopping mall
This business has a total area of 160m2 and includes 50+ seating inside and mall area in front of kid's indoor playground
Trading Hours: 7 days - 8 a.m. till 4p.m
Employees: 1 Owner/Manager + 1 Chef + 3 Full-timers + 1 Casual (Weekends)
Lease: 7 year lease commenced from October, 2019 to December 2026
Franchise Fee
No startup and initial Franchise Fee to be paid as it included in the sale
Ongoing Franchise Fee of 4% of total turnover (excl. GST)
Experience and Training
No specific experience is needed. And on job training will be provided by the owner. Franchise system can help new owner go through every process
Potentials
Two owner operators could increase sales and reduce wages
Expand on the current growing delivery service takings
Taking advantage of current construction of new campus and planned new light rail station all within 5min walk from this Café!
Talk to Brokers that know business
Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.
Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful.
To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.
Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.
To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.
If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
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$320,000
Enquire about this business
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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