CIBO Espresso Prospect - Existing store for sale

5 days ago

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Contact

Effie Roukas - Franchise Recruitment Administrator
 

Summary

Do you want to be your own boss? CIBO Espresso is seeking an enthusiastic owner/ operator to bring South Australia's most authentic Italian franchised brand to Adelaide.

Royalties

8% of gross

Marketing Fees

3% of gross

Location Details

124 Prospect Road Prospect SA 5082 Australia
Shop 3
124 Prospect Road
Prospect
SA 5082
Australia

About the Opportunity

City of Prospect is an inner urban community of approximately 21,000 residents, located immediately north of the City of Adelaide. City of Prospect includes all or parts of the suburbs of Collinswood, Medindie Gardens, Fitzroy, Prospect, Ovingham, Thorngate, Broadview, Nailsworth, and Sefton Park. The Prospect community benefits from quality parks, playgrounds and recreational facilities, which include the Prospect and Broadview ovals, St Helens Park, Prospect Estate Park and the recently upgraded Memorial Gardens play area. There are also lots of smaller reserves and playgrounds nestled amongst the streets.

Marketing support

CIBO Espresso has an amazing in-house marketing team who regularly work with our franchise partners to deliver fun and exciting campaigns that engage with customers and ensure that the business experiences continuous growth and brand recognition.

Training provided

New CIBO Espresso franchise partners are required to participate in a comprehensive four-week training course prior to operating a CIBO Espresso business. The training is delivered by our dedicated Learning and Development team and covers the key areas of operating a CIBO Espresso store including front-of-house operations and back-of-house management.

Skills

We are looking for committed owner/ operators. At CIBO Espresso we want the very best ambassadors for our brand, who have a passion to share the simple pleasures of the Italian lifestyle - wonderful coffee and quality food. If you are an individual with drive, determination, a willingness to learn and want to own your own business, then we want to hear from you!

Length of Agreement

When purchasing a new store, the term of the franchise agreement with CIBO Espresso is seven years and commences on the date the store begins trading. When purchasing an existing store, applicants will have their own franchise agreement with CIBO, but will take over the existing franchise partner's months or years remaining on their agreement. Partners are also able to sell their store at any time, you do not need to wait until the end of your agreement to sell your store.

Year Business Established

2015

Year Franchising Commenced

2015

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