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Crema Espresso - Loganholme Hyperdome! Captive traffic flow at crossroad walkways!

$99,000

  • ID Ref RB406
  • Suburb Brisbane City
  • State QLD
  • Status For Sale
  • Crema Espresso - Loganholme Hyperdome! Captive traffic flow at crossroad walkways!

Business Description

Crema Espresso is proudly Australian owned and operated since 2005. The brand began franchising in 2007 and now has franchises spread across the Gold Coast and is currently expanding into other regions. There are now 22 locations in the group.

Crema Espresso offers its customers premium coffee, fresh, light meals and excellent customer service.

The Crema Espresso franchise offered is well located in the Hyperdome shopping centre, under the main dome. It is positioned at the cross paths of the main pedestrian walkway / aisle and Woolworths and Cinema / food court main entries. You literally walk past / through the café.


Business Features

Current lease - Expires 17 October 2023

Business size -30m2 kiosk + 90m2 seating (Inc. 20m2 play area)

Rent excluding G.S.T. - $13,781 per month

Outgoings excluding G.S.T. - $1,180 per month

Rental Bond - 3 month’s gross rent + GST

Business established - 2016

Franchise Agreement is in line with the lease

Fit-out is current to franchisors requirements

SAV is approximately $4,000

Annual Turnover (Approx.) - FY 2019 $680,000

Trading hours - Mon - Sat 9.00am – 5.00pm (except 9.00pm Thursday, 4.00pm Sunday)

Staffing - 1 full-time + 11 casuals (varies)

Owners hours - Minimal operational due to fulltime employment

Reason for selling - Full time employment

Return to Owner / Operator approximately $85,000 EBITDA. A working couple could realize $130,000 EBITDA.

Finance - against the business is available to approved applicants


For more information, please contact
Reg Butler
0438 189 657





OTHER INFORMATION

Logan Hyperdome Shopping Centre in Shailer Park first opened in 1989, and is the largest shopping centre in Logan City and one of the largest single storey shopping centres in Australia. It is located 20km south of the Brisbane CBD.

Hyperdome’s major retailers include BIG W, KMART, 12 cinema EVENT CINEMAS and ZONE BOWLING. The Centre is also home to COLES, WOOLWORTHS and ALDI supermarkets and over 220 stores.

The Queensland Police Service operates a police beat shopfront in the centre.

Logan City Council has a library at the far northern end of the Hyperdome.

Logan Hyperdome also contains the Loganholme Bus Station located in Zone 2 for TransLink
services.

Business Features / Snapshot

Your Business Broker

Reg Butler

Business Location

Brisbane City, Queensland 4000