Quick Market Update
I have had a lot of people message me recently about what is happening in the market at the moment so I thought I would put up a quick post just in case you have been wondering the same thing. Firstly I want to apologise for the radio silence in the Exit Group […]
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 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.
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 to this question […]
How Lease Terms Can Affect Buyer Finance
I wanted to make you aware of something worth considering when preparing your cafe for sale, particularly when it comes to the way banks assess finance applications for small businesses and hospitality venues. The lending criteria and the way banks assess business finance can have a significant impact on the sale of your cafe, especially […]
How to Sell a Café – Financial Preparation
One of the best things that you can do in order to prepare your café for sale is to have your financials prepared and ready to provide to qualified buyers. Having your financials prepared basically means having up-to-date information that proves the amount of sales, expenses and profitability of the business. When your […]