Summary
Oportunity abounds in this easy operation, successful cafe business model. I'ts a must see. https://collectorscoffeehouse.com.au
Revenue
$450,000 pa
Rent
$40,000 pa
Location Details
Nestled on the ground floor of a 186 apartment block and located in a public transport hub this cafe is surrounded by public transport users, business' and residents. It has a lovely ambience and street appeal with plenty of parking.
Potential
Surrounded by commuters, business and residential customers, plenty of opportunity exists to step up into catering, prepackaged meals, a more diverse drinks menu and/or liquor license (STA). Continual month-on-month growth provides a solid and growing revenue base for new management from DAY ONE.
Unlike a franchise cafe, there are no ongoing fees or royalties and no trading or product restrictions.
Current management have done all the hard work so you can walk in and put your own quality touches to this proven business model.
Skills
No cafe experience is necessary nor is a chef required to operate this business. It's a fantastic opportunity for a husband and wife team with a desire to run their own hospitality business without the hassles of starting from nothing.
The business comes with a professional operations manual that steps out the business model and the activities that have taken the business from $0 revenue to $38,0000+ per month (even withstanding a pandemic)
Hours
The business currently operates 7 days per week with staff.
Lease
A lease renewal has recently been executed and the new term commences January 2023 for 5 + 5 + 5
Employees
4FTE
Reason for Sale
The Vendor commenced the "start up" business in March 2019.
Having strategically built the business revenue from $0 to over $38,000 per month they have intentionally left plenty of opportunity for new owners to grow the business under the current model or to expand into other opportunities such as catering and/or prepared takeaway meals.
The business has proven it's ability to achieve constantant and reliable growth it is ready for new management to take it the next step.
About the Business
Currently the business operates with a focus on quality coffee and simple food.
Styling itself on a specialised "baguette" style menu, the food offering is about taste and freshness and because of the cafe's location, was designed for it's ability to be easily consumed both in house and takeaway. It adds a twist to traditional cafe fare setting itself apart from competitors.
Primary ingredients such as chicken, pork and meatballs are all cooked in house as are some cakes. All recipes are included in the sale.
Customer Data
The available data shows the business has an eclectic mix of customers one third of whom are aged 25 -38. The Vendor has compiled a data base of approximately 400 customers that can be contacted electronically for marketing purposes.
The Business Model
Developed by Australian Business Experts, the business model has been designed around the business location, size and ambience. Stage one of the model was to provide the basics of hospitality - Sales growth: Great coffee: Food that is fresh and tasty: and an inviting, comfortable ambiance.
Stage two of the business model (not yet commenced) is to develop low cost, fast moving, ready made 'home styled' meals to service apartment residents and daily commuter traffic. It also expands the hot and cold drinks offering to offer health drinks and alternative teas and coffee.
Stage three of the model (not yet commenced) includes a modest upgrade to the outdoor amenity, the procurement of a liquor license and a "tapas" style menu for evening service.
Investment
A significant opportunity exists to own a successful business with annual revenue in excess of $450,000 and consistent strong growth!
All the hard work has been done by the vendor to develop the business footprint and all the successful purchaser needs to do is utilise the existing leverage to simply focus on building the business to the level.
This business is a genuine opportunity that comes without the worry about whether or not you can make it work! It's already turning over in excess of $450,000 pa and still has room to multiply for the right purchaser.
History
The Vendor comes from a professional franchising background and had no hospitality experience prior to commencing the business. However, using the principles of what makes a franchised business successful: Easy Workable Business Model, Consistency and Atmospherics: the vendor has positioned the business as an excellent alternative to a franchised cafe without the associated ongoing costs.
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