Gloria Jeans In Tamworth NSW For Sale

Business description

NSW New England Region. Turnover $715Kpa (approx). LOW RENT. GREAT LEASE + a 5 YEARS OPTION which goes to April 2021. High profile street front position in busy strip shopping centre. Nearby businesses include major banks, Target, Best & Less, Telstra shop, Optus shop, etc. Strong fast growing franchise group with stores in over 20 countries and over 425 stores in Australia. Simple to run with the franchisor taking care of marketing, corporate imaging, new product development, etc. Fresh, simple menu comprises Coffees, Teas, Snacks, Cakes, etc. Quality of coffee is second to none. Good net profit. (NB Photo is generic only & not a photo of the actual business).
Asking $595,000 + SAV.

Property information

Real Estate:

Lease

Location:

Busy street front location.

Business Operation

Reasons for selling:

The vendors are relocating to another town.

Trading hours:

Mon, Wed & Fri 7:00am - 6:00pm
Tue & Thur 7:00am - 6:30pm
Sat 7:00am - 6:00pm
Sun 7:30am -5:00pm

Employees:

14

Years established:

7

Other information

Support & training:

Yes

Inventory / Stock value:

$9,000