Location: Capalaba Central
Lease: Until February 2017
Turnover: $455,683 (FY 2012)
Asking Price: $100,000 + SAV
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A prime opportunity exists for you to purchase a Gloria Jeans coffee business in a very busy regional shopping centre boasting more than 95 specialty retailers.
Gloria Jeans is a leading player in the dynamic Quick Service Restaurant market offering a comprehensive range of premium quality coffee as well as tea and other hot beverages, iced drinks including coffee and fruit chillers, light snacks such as muffins and freshly roasted beans to take away.
This prominently located store is near the entrance of a large south east Brisbane shopping centre, close to many popular retailers including Coles, Woolworths, Harvey Norman, Big W, and Best and Less. The business is currently run under management and would benefit immensely from an onsite owner/operator. The franchise agreement will be renewed on settlement for the term of the lease. The store will require refurbishment costing $60,000 approx.
An incoming owner operator has an ideal opportunity to increase revenue and improve general store efficiency by further streamlining both staffing levels and cost of goods.