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Business Details
Code:
RB406
Business Type:
Crema Espresso
Area:
Loganholme
Established:
Business established in 21 October 2016 by the current owner
Lease:
7 years, Expires 17 October 2023. No options


Rent (excl GST):
Rent excluding G.S.T. is $13,781 per month
Outgoings excluding G.S.T. are $1,180 per month approx

Annual increases 5%
Trading Hours:
Mon – Sat 9.00am – 5.00pm (9.00pm Thurs PM)
Sunday 9.00am – 4.00pm
No of Staff:
Family + 10 casual
Vendor Hours:
Approx. 20 hours operational
Approx Turnover(excl GST):
FY 2019 $680,000

Reason for Sale: Moving on with other interests
      General Information

The Crema Espresso franchise offered is well located in the shopping centre under the
main dome. It is positioned at the cross paths of the main pedestrian walkway / aisle and
Woolworths and Cinema / food court main entries. You literally walk past / through the
shop.


Location - Crema Espresso Hyperdome
Kiosk 4 Hyperdome Shopping Centre
Cnr Pacific Hwy and Bryants Road
Loganholme


Business size 30m2 kiosk + 90m2 seating (Inc. 20m2 play area)

Rental Bond 3 month’s gross rent + GST

Franchise Agreement is in line with the lease

Franchise Fees are 7% of Turnover
Advertising Levy is 2% of Turnover

Fit-out is current to franchisors requirements

SAV is approximately $4,000

Return to Owner / Operator approximately $85,000 EBITDA

For more information, please contact:

Reg Butler
0438 189 657
reg@brokers.net.au


OTHER INFORMATION

Crema Espresso is proudly Australian owned and operated since 2005.

The brand began franchising in 2007 and now has franchises spread across the Gold Coast
and is currently expanding into other regions. There are now 22 locations in the group.

Crema Espresso offers its customers premium coffee, fresh, light meals and excellent
customer service.


Logan Hyperdome Shopping Centre in Shailer Park first opened in 1989, and is the largest
shopping centre in Logan City and one of the largest single storey shopping centres in
Australia. It is located 20km south of the Brisbane CBD.

Hyperdome’s major retailers include BIG W, KMART, 12 cinema EVENT CINEMAS and ZONE
BOWLING. The Centre is also home to COLES, WOOLWORTHS and ALDI supermarkets and over 220
stores.

The Queensland Police Service operates a police beat shopfront in the centre.

Logan City Council has a library at the far northern end of the Hyperdome.

Logan Hyperdome also contains the Loganholme Bus Station located in Zone 2 for TransLink
services.



Asking Price:
$99,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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