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New England Region Northern NSW. Turnover $1.3M pa (Excluding GST). Net to one owner $274K pa (approx.). Good lease + 6 years option. Established during 2008. High profile, shop position in a busy shopping centre. There is also an under-cover outdoor area included in the lease. Simple to run with the franchisor taking care of marketing, new product development etc.
The business operates on the usual, “modern Australian”, yet simple menu, which includes light and heavy meals, snacks, cakes etc. The quality of the coffee is second to none. The business consumes approximately 42 kilograms per week of coffee. The shop is fitted out in the standard Jamaica Blue, shop style and seats up to 73 people at any one time. There is no table service required.
The premises are located in a busy medium sized shopping centre. Some of the nearby businesses, include: Mathers Sussan, House, Tamworth Newsagency, Sportscraft, Elite Supplements and Glamour Empire. The main anchor tenant is Aldi Supermarket and JB HI FI. Capitol Theatre, Forum 6 Cinemas and a Childcare centre are also major draw cards to the centre.
Strong, growing franchise group. The Jamaica Blue group was established during 1992 and now boasts over 100 cafes throughout Australia, New Zealand, China, the United Arab Emirates and Singapore. The Jamaica Blue brand was built on two simple beliefs, being, sourcing only the very best coffee and using only fresh locally sourced ingredients. Great opportunity!! Great value!!
Asking $550,000 + SAV.
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