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Code

RB406

Business Type

Crema Espresso Coffee shop / café

Area / Location

Kiosk 4 Hyperdome Shopping Centre
Cnr Pacific Hwy and Bryants Road
Loganholme

Business Established

October 2016

Lease Remaining

7 years, Expires 17 October 2023. No options

Approximate Rent (excluding GST)

$13,781 per month
Outgoings are $1,180 per month approx.

Trading Hours – Mon - Sat  9.00am – 5.00pm (9.00pm Thurs PM)

Trading Hours – Sunday

 9.00am – 4.00pm

Approximate Turnover (excluding GST)

FY 2018 $725,450
FY 2017 $494,792 (8 months)

Reason for Selling

Other family interests

General Information

The Crema Espresso franchise offered is well located in the 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
shop.

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

Rental Bond 3 month’s gross rent + GST

Franchise Agreement is in line with the lease

Franchise Fees are 7% of Turnover
Advertising Levy is 2% of Turnover

Fit-out is current to franchisors requirements

SAV is approximately $4,000

Return to Owner / Operator approximately $85,000 EBITDA

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.

Asking Price

$110,000 + SAV (approx. $4,000)

The Franchisor

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.
 
For more information, please contact:
 Reg Butler  0438 189 657
reg@businesses.net.au
  
 
 
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