How Vendor Finance Works When Selling a Café
Selling a café can be an exciting yet overwhelming process. The big question many sellers must address is, “What’s the best way to structure the sale to make it appealing to buyers? One solution worth exploring is vendor finance. Vendor finance, also known as seller financing, provides an alternative route to traditional bank loans or […]
What Happens After Contracts Exchange?
I recently completed the sale of a fantastic cafe and there were some reflections I have on how the deal went that I wanted to share with you. Up until the contracts were exchanged the buyer and the seller were getting along very well together. We got together and had a meeting about how […]
Coffee Roasters on The Northern Beaches
This page is designed to showcase local Coffee Roasters on The Northern Beaches and North Shore to help buyers and cafe owners become more aware of the options available to them. I have added this page as I am often asked for suggestions and recommendations from people buying cafes as well as […]
Professional Cafe Valuation
The True Value of a Professional Appraisal – Four Recent Case Studies Yesterday I spoke with two owners who had recently had their businesses “valued” to get an idea of what their business might be worth. Both calls had several things in common which is not unusual, the one thing that really […]
How to Sell A Café – Planning the Sale – Ten Quick Tips.
If you skip the planning stage then you can run the risk of coming across nasty surprises later on that can stall the sale, i.e. problems with your lease or problems that may mean that you end up with less from the sale than you expected. I have had both of these things […]
Cafes For Sale on the Northern Beaches Sydney
Cafes For Sale on The Northern Beaches Sydney View more cafes for sale in Sydney Here GSE specialise in helping cafe owners to sell their business at the right time and at the right price. This page shows some of the Cafes For Sale on The Northern Beaches Sydney that we currently […]
Five Key Questions To Ask Your Buyer
During the sales process it is essential that you qualify your buyers at different stages. When you get an inquiry or have an inspection then make sure it’s not just about the buyer asking questions about the business, make sure that you get your fair share of information as well. In the current economic climate […]
How to Sell a Café – The Three Stages of the Sale
The Sale Process – Stage one – Planning Selling a café or any hospitality business is not like selling a business in (most) other industries. I am sure that I don’t need to spell out the main difference, the subject of the “C” word is probably a whole post on its own. Whilst the […]
Are the outgoings that you are paying actually due?
Its quite common for outgoings to be charged by landlords in addition to rent, the amount charged varies from lease to lease. Some landlords will pass on charges like business rates, land tax, strata fees etc and some charge for many more items related to the building in which your business […]
Get rid of the tyre kickers early on.
A lot of cafe owners that I talk to about selling their cafe ask me about how to deal with time wasters or “tyre kickers” as they are affectionately known. I also see a lot of private sale averts saying things like “No Time Wasters” the irony here is that although they are few and […]
How to Prepare a Cafe for Sale
In my opinion running a cafe cannot really be compared to running many other businesses. From the outside it can look like a dream lifestyle business but for many people that’s not the reality. The first cafe that I setup and run for 11 years certainly didn’t improve my lifestyle in the early stages! There are many things to think about when selling a cage and this article takes a quick look at how to prepare a cafe for sale.
How to Calculate Your Add Backs When Selling a Cafe
Video Transcript As we move into the preparation stage, a really important part of that is making sure that we get the price on the asking price of the business right. So, we want to make sure that you’re going to get the best possible return that you can from the sale. We […]
What to Ask Your Solicitor before Selling Your Cafe
As part of the planning phase, we’re going to talk in this video about what you need to discuss with your solicitor. Setting up an appointment with your solicitor early on is one of the most important things to do because you’re going to be reviewing the lease with them. If there is an issue […]
How to Apportion Goodwill, Fixtures and Fittings
The split between goodwill fixtures and fittings is something that will be agreed as part of your sale negotiation, knowing your tax position and what will suit you best is going give you the best chance of getting the terms that you want. If you have this figure worked out before you agree […]
Industrial Style Northern Beaches Cafe
This well-known Café on The Northern Beaches has been established for more than 4 years and, has been with the current owners since opening. There are approx. 10 seats outside and 25 inside, the café is 54 square metres internally, with additional storage area. Current coffee sales are 23 KG per week and […]
Busy Beachfront Cafe & Restaurant
This well established Café & Restaurant has an area of approx. 250 square metres and occupies a prime beachfront location on The Northern Beaches. There are 90 seats inside and 32 on the designated outdoor seating area. The café offers a wide range of breakfast dishes as well as a full lunch & dinner menu, […]
Do I Need To Pay GST When I Sell My Cafe?
Do I need to pay GST when I sell my Cafe? The question about whether or not GST is payable on the sale of a cafe is something that seems to confuse many people and, it is certainly something that you should look into before you sell. The short answer […]
How to Increase the Value of a Café
How to Increase the Value of a Café In some ways selling a café is very different to selling other businesses but there are several ways in which you can add value to a café that are pretty much the same with most businesses. So how can you increase the value of your café? […]
How to Sell a Cafe – Changes to Lending Criteria
I wanted to make you aware of some changes that we’ve noticed recently with the lending criteria and the way that banks are looking at small business finance in particular with business loans for cafes and food businesses. These changes could affect the sale of your cafe in the later stages which is naturally something […]
Is Your Cafe Worth What You Want For It?
After an appraisal call with a client earlier today I wanted to quickly post this to give you some help around the thought process of valuing your business. As I have mentioned in previous posts many people that we work with are concerned about keeping the sale of their business confidential. One of the […]