1.
Expression
of
Interest
Page
1
of
5
Expression
of
Interest
Please
note
that
this
document
does
not
constitute
an
offer
to
sell
or
purchase
a
business
or
to
grant
or
accept
a
franchise
(refer
to
the
conditions
of
this
expression
of
interest
below).
You
need
to
ensure
that
the
buyer’s
details
are
included
and
the
form
is
fully
completed.
Please
call
Finn
Franchise
Brokers
on
0415543469
if
you
have
any
questions.
Name
of
Business/Trading
Name
Pizza
Capers
Westcourt
Date
completed
3/7/2015
SELLER’S
DETAILS
(Agent
to
complete)
Contact
Person
Dione
Mauric
–
Finn
Franchise
Brokers
Company
Name
Finn
Franchise
Brokers
North
Queensland
ACN
/
ABN
142
476
391
/
44
214
798
236
BUYER’S
DETAILS
Contact
Person
Hyunsin
(Shaun)
LIm
Company
Name
TBA
ABN
/
ACN
TBA
Postal
Address
22
Yulla
Street,
Biggara
Waters,
Qld,
4216
Daytime
Contact
Number
0417533335
Mobile
Number
0417533335
Email
Address
clickme1004@gmail.com
BUYER’S
SOLICITORS
DETAILS
Firm
Name
TBA
Contact
Person
Postal
Address
Office
Phone
Number
Office
Fax
Number
Email
Address

2.
Expression
of
Interest
Page
2
of
5
BUYER’S
ACCOUNTANTS
DETAILS
Firm
Name
TBA
Contact
Person
Postal
Address
Office
Phone
Number
Office
Fax
Number
Email
address
PURCHASE
PRICE
Purchase
price
(ex
stock)
$249,000
plus
stock
value
DEPOSIT
&
ADMINISTRATION
FEE
Deposit
Upon
signing
the
contract
of
sale,
the
buyer
will
be
required
to
pay
a
deposit
for
the
amount
of
10%
of
the
purchase
price
or
$20,000
which
ever
is
higher.
The
deposit
will
be
held
in
Finn
Franchise
Brokers’
trust
account
until
the
completion
date
(i.e.
settlement
or
hand-­‐over
date).
Finn
Franchise
Brokers
Trust
Account
Commonwealth
Bank
of
Australia
BSB:
06
4000
ACC:
1268
5708
Administration
Fee
An
administration
fee
of
$595+GST
is
payable
by
the
buyer
for
the
preparation
of
and
management
of
administration
documentation
including
the
Contract
of
Sale.
This
amount
is
only
due
and
payable
should
the
contract
of
sale
be
terminated
by
the
buyer
prior
to
settlement.
The
buyer
agrees
for
this
amount
to
be
deducted
from
the
deposit
when
the
funds
are
released

3.
Expression
of
Interest
Page
3
of
5
CONDITIONS
OF
THIS
EXPRESSION
OF
INTEREST
1. The
parties
consent
to
electronic
communication.
2. This
expression
of
interest
is
not
a
contract,
and
neither
party
intends
that
these
preliminary
understandings
represent
their
agreement
about
the
transaction
being
discussed.
3. The
preliminary
understandings
expressed
in
this
expression
of
interest
are
subject
to,
and
conditional
on,
the
negotiation
and
execution
of
a
definitive
and
final
contract.
4. Either
party
is
free
to
withdraw
from
the
negotiations
of
the
transaction
described
in
this
expression
of
interest
prior
to
the
execution
of
any
definitive
and
final
contract
without
liability
or
obligation
to
the
other
party.
5. Either
party
is
free
to
enter
into
negotiations
with
other
potential
contract
partners
in
connection
with
the
transaction
described
in
this
expression
of
interest.
6. Each
party
will
be
responsible
for
its
own
expenses
prior
to
the
execution
of
definitive
and
final
contract
and
any
actions
taken
by
other
parties
in
reliance
on
the
preliminary
agreements
expressed
in
this
letter
will
be
at
that
party’s
own
risk.
7. This
expression
of
interest
is
not
an
agreement
to
negotiate.
The
parties
do
not
intend
to
be
obligated
to
use
their
best
endeavours
or
to
reach
agreement
on
the
definitive
and
final
contract
described
above.
The
parties
do
not
intend
to
be
obligated
to
negotiate
in
good
faith
to
reach
agreement
on
the
definitive
and
final
contract.
CONTRACT
TERMS
&
CONDITIONS
The
contract
will
be
subject
to
and
conditional
upon
the
buyer
having
14
days
from
the
date
that
the
buyer
receives
the
franchisee’s
franchise
agreement
and
the
franchisor’s
disclosure
document
to
review
and
seek
advice
from
their
solicitor
regarding
these
documents.
Mandatory
The
contract
will
be
subject
to
and
conditional
upon
the
franchisor
giving
consent
to
the
assignment
of
the
franchise
agreement
to
the
buyer.
(If
applicable)
Mandatory
The
contract
will
be
subject
to
and
conditional
upon
the
landlord
giving
consent
to
the
assignment
of
the
lease
for
the
premises
to
the
buyer.
(If
applicable)
Mandatory
The
contract
will
be
subject
to
and
conditional
upon
the
buyer
obtaining
finance
to
purchase
the
business
within
21
days
from
the
date
of
the
contract.
Yes
x
No
£
The
contract
will
be
subject
to
and
conditional
upon
the
buyer
completing
satisfactory
due
diligence
of
the
business’s
financial
records
within
14
days
from
the
date
of
the
contract.
Yes
x
No
£
The
contract
will
be
subject
to
and
conditional
upon
the
buyer
completing
satisfactory
due
diligence
of
the
business’s
plant
&
equipment
within
14
days
from
the
date
of
the
contract.
Yes
x
No
£
OTHER
TERMS
&
CONDITIONS
(PLEASE
INSERT
OTHER
TERMS
&
CONDITIONS
BELOW)
Vendor
to
pay
training
fee
$10,000
+
GST

4.
Expression
of
Interest
Page
4
of
5
Subject
to
buyer
obtaining
necessary
visa

5.
Expression
of
Interest
Page
5
of
5
BUYER’S
AKNOWLEDGMENTS
The
buyer
has
been
made
aware
of
the
Franchisor’s
training
fees
and
that
they
are
responsible
for
the
payment
of
this
amount
before
training
commences.
(If
applicable).
Yes
x
No
£
The
Buyer
has
been
made
aware
of
the
Franchisor’s
legal
costs
and
that
they
are
responsible
for
the
payment
of
these
costs
regarding
the
assignment
of
the
Franchise
Agreement
to
the
Buyer.
(If
applicable)
Yes
x
No
£
SIGNATURES
–
BUYER/S
BUYER/S
NAME
SIGNATURE
DATE
1.
Hyunsin
Lim
3/7/2015
2.
3.
SIGNATURES
–
SELLER/S
SELLER/S
NAME
SIGNATURE
DATE
1.
Lester
Aler
2.
3.
Once
completed
please
fax
or
post
back
to
FINN
FRANCHISE
BROKERS
Fax:
(07)
3041
6900
Post:
Finn
Franchise
Brokers
PO
Box
3230
Norman
Park
QLD
4170