North Coast NSW Gloria Jeans Opportunity For Sale

Business description

Turnover $830,000 PA
Net to Owner/Operator $139,600 PA
Long Lease 5 + 12 Years
Under Management
Up to 70% unsecured finance available

Extremely long lease with minimal rent well under 10% of the business turnover, Should provide security for business for many years to come.
Landmark Location, with huge amount of daily passing traffic, provides welcome stop.
Current vendor has not found the best management team and hence there is room for improvement. Sydney Brokerage has identified savings possible in the wages and COG’s when compared to other stores.
COG (KPI) is usually 31%, which identifies a possible saving of 8% of turnover.
HUGE Improvements for owner/operator. Sydney Brokerage has historically seen improvements of between 30-120% with managed stores that have been taken over by hands on operators.
Up to 70% unsecured finance available. Just ask the broker for more information.
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. Now with 917 stores worldwide and 485 in Australia.
Ideal as a quality return on investment with minimal input or as a strong earner with brand presence for those entering the industry with limited experience.

#762 10549
Broker: Mark Jason


THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.