There’s no denying the ongoing appeal of a well-made cup of coffee – wherever you live. And Canberra’s suburban shopping centres are as abuzz with the welcome aroma of roasted beans as anywhere.
A popular franchise is Coffee Guru and an opportunity exists to buy into one in the popular Casey Market Town – in a great location, right at the entrance.
Its neighbours include Supabarn Farmers Market, Fresh Seafood Canberra and Elysium.
Frank Walmsley of Capital Commercial Business Sales says the cafe could be the perfect launchpad for someone ready to start up their first business.
“Coffee Guru is a well-established franchise system that delivers with the personal touch,” he says. “It’s a pretty simple format and would ideally suit an owner-occupier looking for a lifestyle change.”
Walmsley says that, based on trading history, the franchise could deliver a comfortable income for someone working in the business.
“It’s really the type of business that will thrive under someone prepared to invest their time and passion into it,” he says.
“A love of coffee and a strong sense of community are the ingredients for success.”
Walmsley says the business has scope to further increase revenue.
The monthly franchise fee is an affordable 4 per cent. Centre rent is about $5000 a month, including all outgoings, while sales, excluding GST, are around $11,000 a week. The business trades seven days a week.
CASEY
Price guide: $179,000 (franchise)
Private sale
Agent: Capital Commercial Business Sales, Frank Walmsley 0400 446 605