Coffee Guru Belconnen represents a unique business opportunity for an astute investor. It boasts high profits, long secure lease, franchise systems without the high fees, but best still, the business has proven results.
You can tell its staff and customers love the business as much as the current owner (who is selling to pursue bigger opportunities) by the smiles on their faces and laughter and banter in the café.
The business trades 5 days from 6:30am- 4:30pm. There is scope to trade Saturdays and Sundays as the business is located alongside the Belconnen Mall and is surrounded by new residential towers; however the profits are lucrative enough for the current owner to not trade on weekends.
Rent is under $4,000 per month, including GST, and there is a long lease in place.
You may know the jury is in when it comes to the success rate of franchises over independently created businesses – and the success rate of franchises is impressive when compared to non-franchise business. The information provided at http://ift.tt/1aI52cF provides some insight into this.
Common feedback we receive from buyers is “Frank, we love the franchise systems but we don’t like the fees and royalties”. Well, Coffee Guru is different to other food franchise systems – the annual royalties for this outlet are about $20k and the marketing levy is about 2.5% and you also get all the cost savings and benefits of a franchise system with proven results!
So the rent is low, the owners profits are high – $230k for 2014-15 and $175k for 2013-14 and the required involvement is minimal. We didn’t tell you the model is built around quick service coffee & hot drinks and simple yet popular food offering.
If you have been looking to shift into your own business or you are looking to add a secure business investment to your portfolio, don’t miss out enquire now.
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