Franchise cafe in a university
Photos: LINK Business Brokers
About the business
A Piccolo Me franchise cafe in a university in Sydney, New South Wales. It serves hot and cold beverages, pre prepared sandwiches and light meals to students, staff and lecturers. It is run by the owner and 3-4 casuals. It trades Monday to Friday, 8 am to 4 pm, 50 weeks per year. The cafe has a separate storage area and light cooking. The lease runs from January 2023 to January 2028, plus a 5 year option expiring in 2033. Stock is extra. The reason given for the sale is that the owner has another business in a different industry. The broker reports that franchisor fees for training and legals are extra and that sales are trending up.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$98,000
Paid by
Your cash$29,400
Secured loan, 7 years at 6.98%$68,600
Each month
Loan repayment$1,030
Repayments each month
$1,030
Over 7 years you repay $86,914, of which $18,314 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.
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