Buying a Cafe Checklist

People Person?
Good with Numbers?
Physically Fit
Owner Attributes Copes well with pressure?
Efficient and organised?
IT Literate?
Ideal café Role?

Fear of Failure
Price Range
Finances Available - borrow?
Before You Buy Franchise or Independent?
Preferred Location
Style & Size of café?

Accountant
Solicitor
Finding a Café Contacting Brokers
Useful Websites

The Percentage Guide

Daily Turnover (5 / 6 / 7 days)
Cash Sales (Black Money)
Food Cost
Staff Costs, Roster & Observation
Rent
Café Name
 Location & Trade
Competition within 1km
Trading Days & Hours
Parking
How long established
Trial Period
Equipment
Delivery Access
Size
Analysing The Business # Seats / Room to expand?
Summary Indoor / Outdoor
Grease Trap
Dry store
Coffee Kg's per week
Reason for vendor sale
Description of café
Owner's role / # Owners
Business Potential
Lease
Lease Option & Increases
Strata
Outgoings
Awards
BAS Returns - COG & Staff Costs
ASIC Online
Food Authorities
Online Reviews

Type of Food
Take Away
Home Delivery
Catering
Food & Service Table Service / Order at Counter
Breakfast
Lunch
 Food & Service

Dinner

Background Questions
Financial Questions
Staff Questions
Supplier Questions
Marketing Questions
Meeting The Owner Maintenance Questions
Premises Questions
Licensing / Regulatory Questions
Competitor Questions
Trade Questions

Lease
Strata Documents
Council Approvals
Documents Contract of Sale
Equipment documents (rental terms)
Supplier Details

Operations Manual
Processes Kitchen Manual
Staff handbook

Z Reads - Daily, Hourly

Observation plan
Training Plan
Contact Suppliers
Trial & Settlement Settlement Cheques / EFT
Cash Float
Stocktake
Staff Roster
Notes Recommendation