Popular brand coffee franchise Café in a busy Canberra Westfield Centre

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About 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!
Know someone that could be interested in this?
Asking Price:
$320,000
Yearly Profit :

----


Country

Australia

State

Australian Capital Territory

Suburb

----


Postcode

2606

Locality

----

Established on

Contact the business


Revenue

----

EBITDA

----

No. of employees

----

Lease period

----


Stock

----


Contact Details Verified

Email Broker Verified

Advertiser Details
Thinking of buying this business?

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. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, 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 etc
  • Make sure it’s the right business for you!

In a nutshell, 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 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. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

Need finance support?

We offer tailored financing options that work for you to get the deal done.

Free business valuation

Know if you're paying too much for this business or if it’s right on the money.

success

Success!

Form has been submitted successfully and a representative will get touch with you