Gloria Jeans franchise Cafe Restaurant for sale Forster

Successful Cafe Restaurant for sale Forster Stockland Shopping Centre on the Mid North Coast NSW

We are proud to offer for sale this Gloria Jeans Franchise specialising in gormet coffee, with over 470 stores throughout Australia. Nominated Franchisor of the year 2005, the reason is clear why this brand is a market leader and the fastest growing coffee franchise in Australia.

This store is located right next to Coles and is in the highest traffic area within Forster Stockland Shopping Centre. Other reputable stores are also in area including Bakers Delight, Target, ALDI and Telstra (50+ stores). Forster Tuncurry is going through large population growth, as several new subdivisions are being released both in South and North of the area. The lease runs until 2014 with special terms and conditions in place that were negotiated in this regard.

Sales are approximately $522,000 pa, excl GST and could increase with owner-operators running the business on a full time basis. Owner operated profit is indicated up to $120,000 plus.  Recent christmas sales 2011 our sales increased more than 7% on last year.  Average sale / guest is up 10%. Australia Day sales figures for 2012 increased by 33%.  Business is running as efficiently as ever and all aspects of operations is 100% including staffing, quality of coffee service and speed. 

This business is a great start for anyone wanting a sea change, as the store is located within 5 minutes to the ocean and biggest lake system on the Eastern Seaboard - Forster / Tuncurry! This sale is due to family illness and is very reluctant. The staff have all recently been through updated training systems from Gloria and there is enormous potential for further improvement in sales and profit with owner operator. Owner commits to ensure transition is smooth for new business owner.  A full business analysis with all the latest financials, lease and franchise details is available on the signing of a Confidentiality Agreement. Phone Kristi Moy 0400 782 352.

Additional Details

Years Established: 5
Gross Turnover: $522,000
Stock Included: Yes
Approximate Stock Value: $50,000
Number of Employees: 6
Car Spaces: 6
Property Title Included: No
Business Relocatable: No
Business Operated from Home: No
Local Council: Great Lakes Council
Local Tourism Website: www.greatlakes.org.au

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