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Posted by Transworld Business Advisors South Yarra on 20/11/2018 in Franchise Resale

COFFEE SHOP CRANBOURNE FOR SALE | EXCELLENT MARGINS…

$350,000 - + SAV, Neg..


Description

Takings: $ 601,362.24 pa | Rent $110,084 pa | $2117 pw

 

OWNERS EARNINGS / NET PROFIT:  $ Confidential


  

Summary

Successful and well-established Coffee shop in a busy centre- currently run under semi management. National chain and successful Brand positioned at super busy intersection with strong anchoring tenant’s as neighbours.

 

Location Details

The business is ideally located and easily accessible at a busy ‘three-way fork’ in a booming centre anchored by neighbouring tenants such as K-mart, Target, Harris scarfe, JB Hi-Fi, Tatts lotto and Post Office, plus neighbouring office towers.

 

Lease

March 2023

 

Hours

Mon-Tue-Wed: 7.30am – 6.00pm

Thur-Fri: 7.30am - 9.00pm

Sat: 7.30am – 5.30pm

Sun: 8.30am – 5.30pm

 

Employees

Casuals x 7| Total 140 hrs. (busy period will be 3, all other time will be 2 staff)

 

Skills

Customer Service, Stock Buying, Staff Management, Basic Administration, Coffee making. Franchise will provide 6 weeks training at buyer’s expense (training fee)

Refurbishment

Aug 2014

 

Potential

 

The business is ready for growth and would benefit any new owner to either simply take over and run or increase with some marketing and catering promotion. There is enough profit to allocate a marketing budget if required.

An incoming owner operator has an ideal opportunity to increase revenue and improve general store efficiency by further streamlining both staffing levels and cost of goods.

Cranbourne’s Casey district has experienced one of the country’s highest population increases as an effect of the overspill from Melbourne’s rising property values. With and estimated population of 500,000 plus by 2041, the centre has planned an expansion which will not only increase foot traffic when complete- will also drive all existing foot traffic in the interim to this location, with no disruption to existing tenancies, eliminating competition currently operating on short stay leases.

 


Reason for Sale

Over committed and other business ventures

 

History

5-year trading history.

 

About the Business| Owners contribution

 

A leading player in the dynamic Quick Service Restaurant market offering a comprehensive range of premium quality coffee as well as tea and other hot beverages, iced drinks including coffee and fruit chillers, light snacks such as muffins and freshly roasted beans to take away.

A prominently located kiosk style store on the ground level of a very busy Shopping Centre.  This business is semi managed with the owner working roughly 20 hours per week at the store and is complimented with experienced, well trained staff. There will be a new franchise agreement from settlement for a period that coincides with the term of the property lease. The store has recently had a refurbished costing an estimated $140,000 including equipment.

 

Centrally located this business misses nothing when it comes to passing trade. A modern inviting fit-out with ample seating and off-site storage makes this Kiosk a favourable and convenient location for grab and go, or to kick back and enjoy the hustle this centre offers.

Strengths:

  • Strong financials
  • Massive growth suburb
  • Semi-managed
  • Longstanding staff
  • National brand
  • New fit-out
  • Strong anchor tenants all around
  • Consistent rising sales
  • Easily operated

Keen vendor, genuine buyers are encouraged to Contact Sean McBride on 0404 478 829 for a full Information Memorandum.

Food & Beverage Products and Hospitality Suppliers Transworld Business Advisors South Yarra
Transworld Business Advisors South Yarra
(Verified Member)

Contact Sean McBride
Ad Type For Sale
Type of Opportunity Franchise Resale
Category Food & Drink
Asking Price $350,000 - + SAV, Neg..

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