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I have a small cafe business with just 15 months remaining on the lease. I have found a buyer for the business but the value only reflects the value of the equipment and the remaining lease and only a token amount for the goodwill. I am happy with this due to the short lease and the fact that...
Dont be so quick to assume domestic catering equipment will suffice instead of more expensive commercial. I opened my cafe 2 years ago and the following are examples of the shortcomings of domestic equipment.
1. 2nd hand domestic chest freezer hinges broke due to being opened so many times a...
Its the fillings that will sell your Jackets not the Potatoes. I have a sandwich bar/cafe and we have a Victorian Potato Oven. The sales of Jackets are so seasonal it is untrue and also people who have a Jacket invariable want a changethe next day.
We sell on average 3 to 5 Jackets a day in...
A couple of ideas
At the moment there are plenty of closed down sandwich bars/cafes which if the landlord has changed the locks on the previous tenant may still be equiped and ready to move in if you are prepared to take over the lease and clean the place (and equipment).
There are also a...
I started a coffee shop/sandwich bar 18 months ago and after a hard slog we are doing well.
I had lots of ideas of which some have been really successful and are what makes us different from our competitors and some (including some of my favourites) have bombed. Part of the learning process is...