Crafted by seasoned professionals in the hospitality industry, this program is engineered to provide you with essential information to kickstart your cafe or restaurant venture effectively, thereby setting the stage for success from the very beginning.

This training provides insider knowledge from industry experts, intent on fostering your success. As a digital program, you'll receive video tutorials from these professionals right upon signing up.

Often, individuals launch their first cafe driven by enthusiasm rather than solid business knowledge. Our objective is to share the wisdom we've accrued from our experience in the field, enabling you to make well-considered decisions for your business.

Take a look at the modules outlined below for a high-level overview of the program. Please note, this program does not focus on teaching you culinary skills; it's all about guiding you into the business sphere and ensuring your success.

For details on the content we cover, please continue reading below.

Module #1 The Game Plan- Awareness Before Buying a Food Business

How the cafe and restaurant businesses are bought and sold in the market.

The industry thumb rule for calculating the price or value of a business for sale.

The complete picture from start to end.

How Five-Days, Six-Days and Seven-Days operational businesses are bought and sold in the market.

What happens to the business once the entire lease period comes to an end?

Does 'Kg of coffee per week' mean anything while buying or selling a Cafe?

Module #2 Getting The Money Right- What To Expect

Realistic time frame to break even in business.

How much investment is needed to start and set up a cafe or restaurant business?

How to project sales and calculate profits before entering the business

Maths behind rent affordability and profit calculation.

Menu, concept and process checklist for maximum profits.

Calculation of the actual value of the business before buying it.

Calculation on how much money can be made from an existing business and is it worth getting into this business.

Module #3 Buying An Existing Business- what to and not pay for

Things to watch out for when buying an existing cafe or restaurant.

Goodwill of a business and how much to pay for it.

Should you pay extra for buying a business name?

Understanding of different concepts - WIWO (Walk-in walk-out), SAV, goodwill price, training period, handover process etc.

Attention to critical details while buying existing businesses like grease traps, garbage, collection, outgoings etc.

Industry-standard cost percentages Vs. The business you are buying.

Module #4 Developing a brand new Site - Should You Consider This?

Benefits of being a pioneer and starting from scratch.

How to get the best deal.

Art of negotiations with business brokers and landlords.

Preparing the correct proposal and getting the correct rent-free period.

Negotiating correct rent on the lease.

The cost involved in setup and pioneering a new site.

Module #5 Legal Stuff- Must Watch out for non-negotiable

Different types of business structure and what is applicable to you.

How does a franchise model work?

Is it a good idea to go the franchise route or should you pursue an independent business concept?

Checklist of all licences and legal stuff.

How to read cafe or restaurant ads and diagnose if the business is worth the price from examples.

Module #6

The Lease ((90% people go wrong here and quit )

The correct way to approach a business broker and get the right deal with Landlord.

Different types of the lease period and their pros and cons.

How to identify and stay miles away from dodgy leases.

Clauses in the lease can land a business in trouble.

Good lease Vs. Bad Lease.

Sample leases and explanations with examples.

Bonus - Exclusive Video Lessons With Experts On The Topic.

Bar and restaurant owner

Bartender

Barista

Participation in this program equips you with the practical knowledge necessary to commence your cafe venture, potentially sparing you from costly errors, such as premature restaurant closure, unfavourable lease agreements, and more.

This training is essential for individuals planning to launch their first cafe or restaurant in Australia. It provides an opportunity to gain direct insights from experienced cafe owners and hospitality industry professionals

Please note-

While we don't offer financial or legal advice, we aim to deliver pertinent general information for those interested in starting a café or restaurant in Australia. We strongly recommend conducting comprehensive research and due diligence before making any financial commitments or investment decisions.

Start A Cafe in Australia.From Idea to First day of trade- VIRTUAL Event