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Cafe & Coffee Shop business for sale in Cranbourne

  • Cafe & Coffee Shop
  • Cranbourne VIC 3977
  • $250,000 - $290,000 (GST na)

Franchised Coffee Shop In Cranbourne For Sale

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 hr. Franchise will provide 6 weeks training at buyer’s expense (training fee)

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

Sales | $705,362 pa

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 tp 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 for a full Information Memorandum.

Business Highlights

Business ID2015388914
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  19 Jul 2019
Map for Cranbourne VIC 3977Cranbourne VIC 3977
Transworld Business Advisors South Yarra
244a Grange Rd Carnegie VIC 3163

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