Adelaide’s Festival & Racing season drives demand for Food Businesses.
Brian Sander from Benchmark Business Brokers Adelaide office reports that once again the crazy start to the year in Adelaide has brought tourists flocking by the thousands to the City. During the first few months of each year Adelaide hosts it’s prestigious Festival of Arts, The Adelaide Fringe that now is second only to the Edinburgh Festival in World standing, The “Womad’ World Music Festival and the roar of V8 racing cars speeding through the City in the Clispsal 500. Follow all of this with the Horse Racing Festival leading up to the Adelaide Cup and the City is abuzz with activities and visitors. The net result of all this, says Brian, is an annual upsurge in demand for cafes, coffee shops and food businesses in and around the City. Benchmark, Australia’s largest Family owned Business Broking company with over 40 Brokers operating from 5 offices across 4 States, regularly finds a sharp lift in demand for businesses in South Australia from local and interstate buyers alike during this “crazy “ first few months of the year. We are continually struggling to meet the buyer demand for Coffee Shops, Cafes and food businesses at this time says Brian, a veteran broker with over 35 years’ experience selling Food Businesses. For anyone considering selling, now is an ideal time to get a free appraisal on their business and find out what it is really worth. Brian Sander Senior Benchmark Broker