If you are looking to exit the hospitality industry, it’s worth contacting BPA Business Brokers. We specialise in helping owners sell cafes and coffee shops across Melbourne and Victoria. This includes everything from small, owner-operator suburban restaurants to busy, big-brand CBD venues.
Our agents understand just what it takes to sell your business venture. Please contact them today for a free appraisal.
Here’s some more about BPA Business Brokers Melbourne.
The first thing interested buyers usually focus on is your business’s weekly takings and profit. Therefore, we take this into account when suggesting a valuation for your hospitality business.
On top of that, we also consider what it costs to keep the café running. In particular, rent, wages, trading hours and the cost of food and coffee.
We also compare the asking price with the café’s records, including point-of-sale reports and coffee supplier invoices.
Our experienced hospitality business brokers work through all of this with you before putting your café on the market.
Several factors can increase the value of your cafe. They include:
If you want to keep a possible sale private, we will advertise your café for sale without naming it or showing any easily recognisable photographs.
We will ensure interested buyers can sign a confidentiality agreement before receiving financial details or inspecting your venue. Here’s more on our selling process.
If you are interested in buying a cafe, please browse cafes currently for sale or see all current listings.
Don’t be seduced by a great fit-out and lots of foot traffic. Instead, check the business behind it. Specifically, ask for a full year of sales records and coffee invoices.
Also, compare wages with the roster, carefully read the lease and find out what the café earns after allowing for the hours you will work.
If you are looking for the right business to buy or you want to sell your cafe, bar or restaurant, please call us on (03) 9485 4488.
Alternatively, contact us online, email reception@bpabrokers.com.au or visit our office at 181–187 Plenty Road in Preston. We are open weekdays from 9 am to 5 pm.