From little things, big things can grow.
Coffee Guru Erindale is the perfect opportunity to get in at the ground level and build your own business.
The business has been neglected over the past two years, with the owner distracted by her primary business.
It has been run remotely, and she says it is consistently doing $5k a week being run under management.
The business is ideally positioned in front of Woolworths Erindale and is the centrepiece trading location in what is arguably Tuggeranong’s second major retail precinct (Erindale).
While reliable figures cannot be provided or relied upon, once we agree on the sales price and terms, we will let the buyer, once they have paid a holding deposit, observe the business for 7-14 days.
We don’t have tax returns and financial statements, and the seller has agreed to discount the asking price.
As the old saying goes, “Price is what you pay, and value is what you get.”
There is extreme value for someone looking to break into their first business or secure a doer-upper business below value.
The cost to outfit and equip is estimated at approximately $125k.
A new lease is on offer and secured by the franchisor, Coffee Guru. The franchise fees are reasonable, well below comparable coffee franchises, and only 5.5%.
Rent is approximately $1,200 per week, and the details of the revised and improved rental agreement will be furnished by the franchisor to approved buyers.
If interested, please contact the seller through the form on this page.
