Location: Western Sydney
Established: Since 2002
Turnover: $768,000 per annum
Profit: $150,000 per annum
Asking Price: $475,000 + SAV
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 is a prominently located kiosk at the entrance of a main western Sydney shopping centre food court. The kiosk has all round access including provision for wheel chairs and shoppers with trolleys and strollers. The store opened for business in 2002 and has traded under the present owner operators since December 2005. The present owners are actively engaged in the day to day operations of the business and are complimented with experienced, well trained staff. The current franchise agreement was renewed in November 2008 for 7 years. The store uses 35-40 kg of coffee per week on average and was refurbished in 2010.
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.