What are the benefits of buying a cafe?
When you're looking to own a cafe there are a couple of options. You can either start from scratch or buy a cafe.
The main benefits of buying a cafe include;
- Ability to see financial history so you can predict future sales and income
- Obtaining a desirable location or a good lease
- Repeat clientele
- Established team
- Established suppliers, such as quality coffee roasters.
- Established Kitchen and Dining (less expensive than a new fit-out).
You may find the costs involved in buying a cafe are better than the costs of fitting out a cafe from scratch. An established cafe has an income from day 1, so you aren't spending time on fit-out, marketing, hiring team members and sourcing clients. If desired, you have the option to re-brand, change the menu, update the dining area.
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