Business DescriptionCrema 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.
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
0438 189 657
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