Franchise - Cafe - Coffee - Gloria Jeans

Business Code: M1573


Key Features: Popular franchise

State: NSW

Location: Street front location close to train station.

Description

Gloria Jeans Franchise selling 30 kgs. of coffee and 15 kgs. of hot chocolate, cakes and snacks. Simple menu. No cooking. - 36 seats inside and outside. - Newly refurbished in 2012.

Summary

  • Features: Very low rent. - Long lease. - Great franchise support. - Easy to run.

  • Potential: Currently owner only works 25 hours per week. 2 owner operators could improve the business and make more profit.

  • Premises: This business has an area of 80 sq.mts and is in new condition.

  • Trading Hours: 7 days - Mon. - Fri. - 6:00 a.m. - 6:00 p.m. - Sat. - Sun. - 7:00 a.m. - 5:00 p.m.

  • Lease: 1 5 year lease expires 2032. - C.P.I. increases. - 3 month bond.

  • Employees: 1 owner (working 25 hours a week) plus 13 casuals

  • Comments: Franchise fee 8% of nett sales. - Training fee approximately $12,000. - Up to 50-70% finance available through major banks.

Weekly Summary

Weekly Takings
(inc GST)

$12,000

Cost of Goods

$3,800

Gross Profit

$8,200

Rent

$915

Wages

$2,200

Telephone

$20

Insurance

$50

Electricity

$225

Misc1

$915

Misc2

$100

Total Expenses

$4,425

Estimated Stock (Additional)

$4,000

Net Profit

$3,775

Price

$390,000

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