The Coffee Club Bay side for Sale - Drive Through #5669FR1
The Coffee Club Bay side for Sale - Drive Through #5669FR1
Industry :
--Sub Industry :
An outstanding opportunity to acquire a nationally recognised brand leader where the hard work has been done!
Think of coffee, somewhere great to eat, a place to meet and mingle with friends and family, and you will undoubtedly think……The Coffee Club. This Drive Through opens up extended opportunities in the grab and go market.
* Situated in a retail complex with prominent street frontage;
* Opened in 2018, with a replacement cost of approximately $800K;
* Sales for 2023 FYE in excess of $897,000 net:
* Currently run under management;
* Lease to 2028 with one 5 year option;
* Gross rent of $14,487 per calendar month;
* Rent abatement is currently available:
* Fully systematised with the benefits of Coffee Club systems, processes and procedures;
* Excellent Coffee Club marketing systems to help you grow the business;
* Well trained and experienced staff in the business.
This is a fantastic opportunity for a committed working owner to develop this business into a substantial asset.
$205,000 + SAV
To find out more information about this business, please complete the confidentiality agreement quoting reference number: 5669FR1
Broker: Hugo Martin| E: hugo@absbrisbane.com| P: 0411 617 140 Head Office| P: 07 3368 4010 | E: reception@absbrisbane.com
ABS Business Sales has a large number of Queensland business listings, located throughout Brisbane, the Gold Coast, Sunshine Coast and Queensland. Whatever your budget or needs, ABS Business Sales will find the right business for you.
The ABS Business Sales team brings with it a wealth of experience and practical, first-hand knowledge in business sales, business mergers & acquisitions, over a diverse range of industry sectors.
Whether you are considering an exit strategy by selling your business or you are looking to purchase one, be assured that our energetic team can guide you through the long and complex process ahead. We will assist with your preliminary research, help you identify and evaluate your business options, and of course bring our vast experience of previous business sales to the negotiation table.
Our efforts are directed towards making the task easier for you to achieve a satisfactory outcome, with a minimum of fuss, whilst maintaining complete confidentiality in all of our dealings on your behalf.
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$205,000 + SAV
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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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