$249,000 + SAV ($8,000 approx.)
This established franchise is situated in a bustling location within Rundle Mall and has been trading since 2001, with the current vendor operating the business since 2017. Generating annual annual sales of $950,000, it maintains strong revenue performance.
In March 2023, the business transitioned to its current location, offering a refreshed setup and prime exposure. The premises include a well-equipped 10m² storage area, a 3-group La Marzocco coffee machine, and a menu featuring coffee, pastries, toasted rolls, and an array of hot and cold beverages. With 35kgs of coffee sold per week, the business demonstrates a consistent customer base.
Operating 7 days a week, this franchise benefits from the extensive foot traffic of Adelaide’s premier shopping precinct, employing 3 part-time and 7 casual staff members, and is currently run under management.
As part of a recognised franchise network, the buyer will receive comprehensive training and ongoing support, ensuring a smooth transition into the business.
Tony Iasiello 0412 217 608
Goodwill including Plant & Equipment | $249,000 |
---|---|
Stock at valuation (approx) | $8,000 |
$257,000 |
Lease Term | 6 years |
---|---|
Lease Expiration | 12th March 2029 |