+ WHERE IS THE PRIZE LOCATED?
The café is located in the picturesque town of Cowes on Phillip Island, 1.5 hours south east of Melbourne, Victoria. Phillip Island is known for it’s world class waves, pristine nature reserves, the fastest growing humpback whale migration route in the world and also Australia’s number 1 natural tourist attraction in the penguins.
+ HOW & WHEN WILL I RECEIVE MY ENTRY?
After purchasing a Raw Golden Chocolate Bar in the BUY NOW section on www.islandwholefoods.com.au, you will be automatically entered into the draw that is managed by a third party. You will receive an order confirmation email (immediately or within 24 hours) which will include your order number. The order number is to collect your Raw Golden Choc Bar/s in store. If you haven’t received your voucher within that time frame please check the following:
• Check your junk and spam folders
• Double check you have filled out the correct email address when purchasing voucher.
• If you still haven’t received your entry code please contact us at firstname.lastname@example.org
The number of bars you purchase is the number of entries that will go into the draw from our third party trade promotion management team.
Once you have picked up your golden bars another email is sent confirming the order is complete.
+ DO I HAVE TO COLLECT MY RAW GOLDEN CHOC BAR TO BE ELIGIBLE TO WIN?
No. After you purchase a bar online you will be automatically entered into the draw. The number of bars you purchase is the number of enteries that get sent to a third party who manages the entry system.
+ WHAT DOES THE PRIZE INCLUDE?
The first valid entry drawn will win the Island Whole Foods Café business valued at up to AUD$187,439 (inclusive of all taxes and duties). For clarity, the value is comprised of the value of the Business as well as:
• All applicable taxes, duties, and costs to transfer business and lease.
• Fixtures and Business assets (see detailed list under T & C’s)
• $10000 Cash
• $4000 Stock
• Rent, body corporate fees and council rates paid up until 4/3/2019
To get to the value of the prize, legally we had to get a valuation done by an accountant. It was then passed onto our legal team to review, then submit our terms and conditions to the state governments to approve our permits before we could go ahead with this promotion.
+ HOW MANY TICKETS CAN I BUY?
You can purchase as many bars as you like which give you more entries and chances to win the Island Whole Foods Cafe. There is no limit.
+ How was the prize valued?
To get to the value of the prize ($187000), legally we had to get a valuation done by an accountant on the business (profitability & assets). It was then passed onto the legal team to review and submit our terms and conditions to the state governments to approve our permits before we could go ahead with this promotion.
+ IS THERE A MINIMUM AMOUNT OF VOUCHERS TO BE SOLD?
+ IS THE BUSINESS PROFITABLE? AND DOES IT COME DEBT FREE?
The current business format is profitable and has had sales increases year on year for the past 3 years. The business is debt free and comes free of any encumbrances and the lease and rates paid for until the current lease option ends 4th March 20219 including cash to help with the initial operational expenses.
+ WHY? This is too good to be true. What do you, the promoter get out of it?
The driving force behind finding a new owner this way is allowing the individuals who have always dreamed of owning a business a chance to make this happen.
We get to raise awareness and GIVE funds to our chosen charities that do so much for the environment. This amazing opportunity will change the winner’s life, as it did ours.
We also get to start our next chapter travelling Australia in a Caravan with our 2 young children.
We make money from the chocolate bar sales and any in store purchases when you collect your bar. Yes we do need to sell a fair few bars to cover our costs and this is the risk we have taken.
+ What is the last date i can collect my bar?
The Raw Golden Chocolate Bars will be available to collect up until 11am 17th October 2018.
+ What charities are you donating too?
Take 3 for The Sea - https://www.take3.org
Plastic Free Phillip Island & San Remo - https://plasticfreephillipislandsanremo.org
Boomerang Bags Phillip Island - https://www.facebook.com/boomerangbagsphillipislandsanremo/
+ When does the winner have to claim the prize? What are the current lease terms?
Winner acknowledges that the Business must be transferred no later than 29/10/18 in order to allow the winner to take advantage of the remaining lease of the Business’ premises and decide whether or not to renew the lease for a further term. The lease expires on 04/03/19 and there is an option to renew the lease for a further three (3) years subject to the winner providing notice by 09/12/18.
Winner must indicate their willingness to accept the Business by no later than 5pm AEDST on 24/10/18. If the winner does not provide indication by this time, they will have been taken to have forfeited the prize and an unclaimed prize draw will take place at the same location at the original draw at 5:30pm AEDST on 24/10/18.
Current rent is $1333/month with yearly 3% increase.
+ What if i win the prize however don't want a cafe?
We are aware of the many outcomes the prize may be taken however the winner of this amazing opportunity doesn’t have to accept the prize at all if they don’t feel fit to run a café. Alternate options for the winner include selling the cafe to one of the many interested individuals (which you can discuss with us), or taking the cash and assets ($100,000 worth) as the rent is paid for until the current lease ends or join in the giving snd GIVE the cafe to the many who would love to own Island Whole Foods.
+ I HAVE MY OWN BRAND OR BUSINESS NAME THAT I WOULD LIKE TO USE, DO I HAVE TO KEEP THE CAFÉ AS ISLAND WHOLE FOODS?
Once everything is transferred into the winner names, the winner can ultimately decide what they would like to do with the future of the business. Island Whole Foods is an established and recognised name in the Vegan/Plant Based scene, with over 8500+ following our social media platforms on Instagram and Facebook.
+ What are the current owners going to do after the promotion has finished?
With our love for adventure, the outdoors and the ocean, we have planned to travel Australia with our two young kids in a caravan. On our travels we want to work with organisations like Take 3 for the Sea to help educate communities on the importance of living sustainably and protecting our oceans. We want to share our minimalistic life, plant-based recipes and knowledge we gain along the way through a website / blog as The Avocado Tribe. www.theavocadotribe.com.au aiming for this to go live December
+ WHEN WILL THE PRIZE BE DRAWN AND WHERE WILL I FIND THE DRAW RESULTS?
The winner will be electronically randomly selected on October 17th at 2:00pm by a third party who is managing the entrants. Island Whole Foods will display the winner on this webpage www.islandwholefoods.com.au and social media pages.
+ WHO IS THE promoter? Trade promotion permit codes?
The Promoter is LKMC Pty Ltd, t/as Island Whole Foods, ABN 55 604 522 447 of Shop 4/75 Chapel Street, Cowes VIC 3922. NSW Permit No. LTPS/18/26217 ACT Permit TP/18/1460
+ WHO CAN ENTER?
Entry is only open to Australian residents (excluding SA) aged 18 years or older.
+ HOW IS THE WINNER NOTIFIED?
The winner will be contacted via email and telephone and their name will be published on www.islandwholefoods.com.au from 18/10/18
+ WHAT ARE THE CURRENT CAFÉ OPERATIONAL HOURS?
The café is currently open 6 days a week. 8am-3pm weekdays and 9am-3pm weekends. During December & January the café is open 7 days.
+ WILL STAFF BE INCLUDED
This will be a discussion between the Café’s current staff and the winner.