COFFEE SHOP CRANBOURNE FOR SALE | EXCELLENT MARGINS…

Listing Number: 32457-649245

Description

PRICE: $350,000+ (Stock at Value) Ref # 32457-649245

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 4 | Total 140 hrs

Skills
Customer Service, Stock Buying, Staff Management, administration, Coffee making.

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 current center has planned an expansion which will not only increase foot traffic when complete- but drive all existing foot traffic to the Gloria Jeans side in the interim 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 the Cranbourne Park 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 kick back 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.

Listing Details

  • Price: $320,000
  • Down Payment: TBD
  • Sellers Discretionary Earnings: $0
  • Total Sales: $0
  • Location:

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: Overcommited other businesses
  • Category: Food Business Retail
COFFEE SHOP CRANBOURNE FOR SALE | EXCELLENT MARGINS…
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