Why Cafes are the most wanted businesses in Australia!
Cafes are a common business; you will find one nearly on every corner. This specific type of business has always been in demand amongst buyers as it is the favourite entry business. The Café and Coffee shop market has always been one of the most stable markets as this niche of business always finds local interest.
It was stated by the Managing Director, Manish Khanna, from http://www.Business2Sell.com.au that "Cafes are the most wanted businesses for sale in Australia. We have over 2000 cafes for sale and most of the views and enquiries we get are also for Cafes and Coffer Shops”. He also added “cafe and food related businesses in the pri me location are sometimes sold before they get listed”.
The business market itself is booming. IBIS’s market research report verified that there are no companies with a dominant market share in this industry, and that the market had an overall revenue of $4 billion; this being shared across $6,613 businesses recorded in this market. Although this market seems to be already flourished there is room to grow with a predicted annual growth of 5.3% recorded for 2014 and onwards.
This definitely proves the point that Cafes are a prime business. But who do you consult with to find the right Café you are after? Who will provide you with the information you will need? The recent launch of Cafes-for-Sale has provided the web with a niched website/platform for buying or selling Cafés in Australia.
Overall it can be divulged that the Café industry and the business itself is a booming market. With the overwhelming number of coffee consumers and café lovers in Australia it will definitely provide the market with numerous customers. By choosing a beneficial source of information when buying a Café business, such as Cafes-for-sale, you will be able to find the right café for you and at the right price. Good luck.