|The franchise agreement runs to December 2023
The fit-out is fantastic and spacious
Sales are stable ranging from $21,000 to $25,000 per week
Gross profit is approx 75%. Very high for this industry!
SAV is approx $8,000
Full training will be provided by the franchisor prior to takeover
Well trained and enthusiastic staff are in place. The business could potentially be run under management or semi-management
Besides great coffee, the menu consists of breakfasts, gourmet sandwiches, light meals, deserts, assorted beverages
There is a liquor licence in place - this will need to be transferred!
Trading hours are more or less in line with the core shopping centre hours. Thursday night is the only late night, closing at 9.00pm
This franchise is ideal for owner operators, a family, or a partnership. It is also capable of being run under management
A conservative return of $250,000 EBITDA to a committed full time owner / operator is possible based on FY2016 P&L result.
Bank finance of up to 50% against the business may be available to approved purchasers
Full, accountant prepared, financials are available