Visit this listing at https://www.sbx.com.au/business?id=M1573

Business Code: M1573

Key Features: Popular franchise

State: NSW

Suburb: South Sydney

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

$330,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Franchise - Cafe - Coffee - Gloria Jeans

Business Code: M1573
Price: $330,000

Key Features: Popular franchise

State: NSW

Suburb: South Sydney

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 (ex GST)

$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

$330,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.