Fantastic Gloria Jeans Franchise Inside Shopping Centre For Sale

Business description

Turnover 2009 (Extrapolated) $844,109

NET $205,556 PA

RENT:$188,904 PA All Included
LEASE:6 Year Term
Currently Run Under Management
Fantastic shopping centre location with maximum food court exposure. This business enjoys a constant quality flow of traffic.
Sales are up 8.3% on last year's figures.

An owner/operator would benefit from the improved sales and productivity that are normally associated with a vested interest operator. Sydney Brokerage has historically recognised improvements in turnover by an average of 50%.
This business is being sold on an incredible 3 times multiple. There is a pending refit that will require approx. $85K injection which the owner is willing to pay half for at current price. The purchasers will benefit 100% from this refit.
As the most recognised coffee franchise available in Australia, this business enjoys the brand power and marketing that the franchisor provides as well as the ongoing training and support.
Ideal as a quality return on investment with minimal input or as a stable earner for those entering the industry who would not normally have the experience and/or know how to attain and prosper as an independent.
Extrapolated figures are not a projection, merely a guide as to what the businesses profitability would look like on a yearly basis.