Gloria Jeans In Southern Suburbs For Sale

Business description

Turnover: $792,740
Rent: $74,305 PA
Lease Ends 13th March 2013

Owner Operator Nets $208,629 PA

Up to 70% finance available. Just ask the broker for more information.
Fantastic shopping centre location with prime position in front of major supermarket.
Awesome 19% growth figures year on year. Fantastic well positioned business.
This is a solid earning business. The owners are asking a reasonable 3.5 time multiple and are willing to incur all refurbishment and equipment upgrade costs at time of sale.
Rental only equates to 10% of sales, making this site a very profitable one.
Kiosk style operation, with 15 tabled licensed seating area, ensuring staffing cost are a minimal.
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.