From Being Stuck on The Market for 18 Months to a (higher) Full Price Offer within Just 3 Weeks
When DoughHeads, one of Newcastle’s most successful and popular specialty cafes first hit the market, the owners were hopeful for a sale within a reasonable timeframe. But after 18 months with a traditional broker, they had no traction at all, and hope was starting to fade. That changed the moment they were referred to Anthony […]
Hospitality Tenant Turnover: Spotting the Early Warning Signs
If you own a freehold with a café, bar or restaurant tenant, you’ll know how disruptive turnover can be. A vacancy means lost rent, holding costs, and a dip in asset value. While change is part of the hospitality game, landlords can often see the signs coming and step in before it gets that far. […]
Business Broker Wagga
My name is Robert Illsley and I am a licensed business broker in Wagga Wagga NSW. I am originally from Somerset in the South West of England and in 2000 I married a Wagga girl and moved to Australia in 2007. In 2014 I opened my own café which I poured my heart and […]
How to check the DA of a cafe
I quite often get asked how to check the DA of a cafe so this quick post gives an idea of how you can do this. When selling your cafe it is quite likely that the buyer will ask to see a copy of the DA for the business. If you do not have […]
Cafe Business Plan
Having a Cafe Business Plan is important for several different reasons. Plan your goals and track them. A well written Cafe business Plan will allow you to set your goals and check that the business is moving in the right direction at regular intervals. Writing the business plan is quite easy and, when […]
How I Sold My Last Shop in Six Weeks and Saved $17,484.50
How long will it take to sell my business? This this is a question that I get asked a lot and I almost feel as if I am dodging the answer when I tell people it depends them, but it is true. Whilst there are certain things that need to be […]