A popular cafe in busy location with a loyal following

Price: Price: $249,000 + Stock

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Business Overview

A profitable and popular local café with a loyal local following in a busy and shopping centre. On offer is a reputable and profitable café in a busy shopping centre location. Established in 2017, this beloved café has cultivated a diverse and loyal customer base owing to its excellent menu and stellar customer service. The business enjoys a unique market position with a captive audience and limited competition. As such, this brilliant café has immense growth potential making this an ideal opportunity for purchasers seeking an already successful café in a high-traffic location. This business offers a flavour rich future and a proven recipe for success and is an opportunity not to be missed! Features of the business include: – Loyal local following – Prime shopping centre location – Quality team already in place – 115 sqm premises with plenty of room for growth – 90+ seats (in and out) – Valuable assets included in the sale worth an estimated $100,000. The current owner of the business is thrilled to present this highly profitable café to the market for the first time. It is a well-loved cafe serving a diverse demographic, ranging from teenagers to elderly locals. It serves breakfast, lunch, pastries, cakes, bread, and quality coffee and capitalises on the local brunch market, with 90% of revenue coming from dine-in guests. The cafe is proud to support local businesses and has developed strong ties with quality suppliers, and of course a loyal and growing clientele. The business is located in a busy and growing shopping centre, which attracts customers from across the region. The café has very limited competition within the shopping centre, enabling it to capture a significant portion of the area’s captive audience. Furthermore, the business is supported by a quality team that’s already in place and that really love serving the lovely customers that come back for a friendly smile, great brew and tasty treat. The current owners are not heavily involved in daily operations, which allows the new owners to have a great lifestyle and the opportunity to work more and earn more. With the business’s positive competitive environment, reliable team and loyal customer base, the incoming owner is presented with a solid business opportunity with immense potential for growth. If you have what it takes to take this business to its next level, contact the current owners today! *** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.

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BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
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