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Business Details
Code:
RB268
Business Type:
Cafe / Coffee shop
Area:
Ipswich
Established:
2013
Lease:
Until 31st December 2019 (New lease Neg)
Rent (excl GST):
$8,915 per month + $1,260 outgoings
Trading Hours:
Generally from 8.00am to 5.30pm (Thur 9.00pm)
No of Staff:
Owner + 13 casuals and part-timers
Vendor Hours:
29.5 hours per week
Approx Turnover(excl GST):
FY2017 $1,165,000
Reason for Sale: Family matters
      General Information

The franchisor has a network of more than one hundred cafés in Australia, and internationally.

The franchise offered is a multi award winning business

The current lease expires 31st December 2019 (New lease negotiable)

The franchise agreement runs to December 2023

The fit-out is fantastic and spacious

Sales are stable ranging from $21,000 to $25,000 per week

SAV is approx $8,000

Full training will be provided by the franchisor prior to takeover

Well trained and enthusiastic staff are in place. The business could potentially be run under
management, or semi-management

Besides great coffee, the menu consists of breakfasts, gourmet sandwiches, light meals,
deserts, assorted beverages

There is a liquor licence in place - this will need to be transferred!

Trading hours are more or less in line with the core shopping centre hours. Thursday night is
the only late night, closing at 9.00pm

This franchise is ideal for owner operators, a family, or a partnership. It is also capable of
being run under management.

A conservative return of $220,000 EBITDA to a committed full time owner / operator is possible
based on FY2017 P&L result.

Bank finance of up to 50% against the business may be available to approved purchasers

Full, accountant prepared, financials are available

For more information, please contact:
Reg Butler
0438 189 657
reg@brokers.net.au


Ipswich is centrally located in the booming south east Queensland region The city is ideally
positioned on the national road network - 40 minutes drive from Brisbane, an hours drive from
the Gold Coast and 60 minutes drive from domestic and international air and sea ports.

Ipswich comprises has a population of 180,000 people. Ipswich enjoys a subtropical climate and
is a safe, friendly and multicultural city. Residents come from 115 different ethnic
backgrounds, speaking 84 languages.

As Queensland's oldest provincial city, Ipswich has a rich history. It is renowned for its
architectural, natural and cultural heritage. Ipswich proudly preserves and still operates from
many of its historical buildings and homes, with more than 6000 heritage-listed sites.


Asking Price:
$375,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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