, CARDIFF 2285
"Expressions of Interest"
Andrew Parker

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Richardson & Wrench North Sydney
Ground Floor, 66 Berry St,
North Sydney, NSW 2060

CARDIFF 2285

Food/Hospitality for sale

CARDIFF NSW 2285

"Expressions of Interest"

Business Details

Gloria Jean’s Franchise - ABSOLUTE BARGAIN


Location Hunter Region

Turnover: $567,800 (FY 2015)
Lease: Until May 2018
Rent: $63,900
Asking Price: REDUCED - $260,000 + SAV

A prime opportunity exists for you to purchase a Gloria Jean’s coffee business with growing sales in a boutique regional shopping centre featuring specialty retailers and parking for 160 cars.

Gloria Jean’s is a leading player in the dynamic Quick Service Restaurant market offering a comprehensive range of premium quality coffee as well as tea and other hot beverages, iced drinks including coffee and fruit chillers, light snacks such as muffins and freshly roasted beans to take away.

This prominently located store is at the entrance of a mid-north coast shopping centre with seating for 23 and close to many popular retailers including Woolworths, Bakers Delight, Subway, Flight Centre and several car dealerships. The surrounding area includes additional parking, brand name shopping and medical centres. The business is currently run under semi-management with experienced reliable staff. The present owner’s onsite contribution consists of only ten hours per week. The business would benefit greatly from an onsite owner/operator.

This is already a well-established and efficient business and is an ideal opportunity for enthusiastic owner operators to build the sales volume and improve efficiency by closer attention to cost of goods purchases, staff rostering and wages. Attractive lease options are offered with a current rent ratio of a low 11.2%. Current franchise agreement expires in May 2018.

Owner is committed to sell so make an offer!

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
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Richardson & Wrench North Sydney
Ground Floor, 66 Berry St,
North Sydney, NSW 2060

Phone: 02 9929 8944
Fax: 02 9955 9529

Andrew Parker
Phone: 02 9929 8944
Mobile: 0409 515 551

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