This iconic Newcastle Gloria Jeans franchise is being offered for sale for the first time in a decade. This profitable and easy to manage business has a great team of casual employees already in place and simply needs a motivated owner operator to enjoy the benefits of this great business. Be quick or risk missing out!
Turnover: $708,000 PA
Lease: Strong 5x5 year lease till July 2022
Rent: $90,835 incl. GST and outgoings (only 12.8% of turnover)
Nets owner operator $123,110 PA with plenty of room for
/>As per the conditions of the signed confidentiality agreement, all enquiries are to be made through LINK Business, as the introducing agent. Contact with the owner of the site can only be done with LINK Business written permission. All rights reserved.
- High profile and high traffic position surrounded by large anchor tenants.
- Up to 70% unsecured finance available. Just ask the broker for more information.
- HUGE Improvements for energized owner/operator or working couple. LINK Business has historically seen improvements to sales of between 30-120% with stores that have been taken over by hands on motivated operators. Can also extend trading hours for increased profits.
- 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.
- Please note that the expenses represented are based on industry standards and not actual costs. Buyers should make further investigation before making a purchasing decision.
Make an Offer
Broker: Ian Jones 0402 111 500
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/12125
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.
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