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#21
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Will be there
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[COLOR=Black]Liberty GT Spec B tuned 240 HP & 372 Nm at the hubs.[/COLOR] "Instead of banning high performance cars - ban low performance drivers" |
#22
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Curious what you made of the figures Joe... I too looked at this venture but both my accountant and I thought there was too much risk and not enough documented gain, but that may be due to the NZ->AUS detriments and lack of quality in store managment control etc.
But I do love the format of the place and am a regular there with Cindy when I take her too work, so no doubt will see you in there soon!!
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#23
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Congrats on the purchase Joe I have no doubt you will have the cafe running efficiently and deliciously. I'm looking forward to visiting when Mark gets home next.
I must say I wasn't impressed with the service last weekend, cold chai latte that took about 20 minutes for the staff to make and the young guy who took my order had no idea what I meant when I asked if something on the menu was gluten free. The chick was much better and told me exactly what on the menu could be prepared gluten free.
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#24
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Quote:
Then we slashed and burned the Lease terms (as the owner and landlord is the same person), and put it in as part of our offer also. Having spent 6 years being a professional Landlord, I had pre-disposed ideas of what I'd never accept as a tenant, and put them ALL in as part of the package. Then we rejected the Landlord's counter offers 3 times.. and they finally accepted our offer. I know a few other parties were looking at this, so the fact that everyone got scared off by the original asking price matched up with the provided financials, probably worked in my favour So effectively, our risk is no greater than if we were to open up a café from scratch, at a mere fraction of the cost of setting up a new café.. and when we open from day zero, we have guaranteed sales. Last edited by BALISTC; 27-11-2012 at 10:36 PM. |
#25
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anyone else old enough to think of this guy when you read the thread title?
congrats again joe to you and your mrs, cant wait to come & check it out once you take over |
#26
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How long has the business been around for, and what uplift factor 'if any', did they apply to sales?
Sounds like the due diligence showed that the numbers couldn't stand on their own two feet?
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[SIGPIC][/SIGPIC] Last edited by mARC; 28-11-2012 at 09:43 AM. |
#27
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Don't fuck it up with whatever you think you know about coffee and running a business.
KISS. |
#29
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And if it is, buy it for cheap, improve, and reap the rewards.
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I am only an asshole on the internet :) [SIGPIC][/SIGPIC] |
#30
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Quote:
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MY09 Evo X - 1.6bar@3500rpm - got lag? Barbagallo - 56.03 (S); 1:08.09 (L) Collie - 50.77 Possibly the most under-driven Evo X in the world?? |
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bought, company, maybe now we'll get some decent poached eggs |
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