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Prominent Gloria Jeans Cafe. Western Sydney.

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Price

$150,000

Profit *

Refer to Broker

Sales Revenue

$442,400

Location

Sydney Region, Parramatta

Category

Food/Hospitality, Cafe/Coffee Shop

Listing #

NSW09378

Richard Carter

Business Broker
NSW
+61 2 9899 1999
+61 419 241 099
richard.carter@linkbusiness.com.au

About this business for sale in Parramatta

Gloria Jean's Coffees Toongabbie is well-positioned in the Portico Plaza shopping centre. Located near the centre entrance, the cafe benefits from terrific exposure and considerable foot traffic. Internal and external seating is included within the impressive layout. 

Asking Price: $150,000
Revenue FY21/22: $442,400
Profit FY21/22: $39,600*

*The owner does not receive any wages from this business. A new owner working in the business will
have the potential to generate considerably higher earnings.

Portico Plaza is renowned as Toongabbie's local shopping precinct. It offers ample free parking, as well as nearby access to train and bus services. 

Every day the Gloria Jean’s team serves up more than 90,000 delicious coffees in more than 50 countries around the world, a network that includes over 200 coffee houses here in Australia.  Their coffee bean quality is exceptional, using only the highest quality Arabica beans, which are meticulously roasted by their own Master Roaster at a state-of-the-art facility in Sydney. Which is one of the reasons why loyal guests keep on returning to their cafes.  A scrumptious range of food items are also offered including Toastinis, Fancy Filled Donuts, Muffins, Cakes, Pies and other savoury items.

No industry experience? That’s OK! Franchise Partners are supported with intensive training and ongoing support to help them grow the success of their coffee houses. Key business processes – which can be are real drain on the resources of an independent business – will be at your fingertips including payroll, rostering and HR. The whole operation runs under the umbrella of Retail Food Group, a proud Australian company. 

You will acquire an instant competitive edge by entering the market with such an established, well-known coffee and cafe brand – it's an outstanding chance for you to generate a six-figure plus annual income over an extended period. 

Listing ID: NSW09378

Broker: Richard Carter
Mobile:0419 241 099
Phone: 02 9899 1999
Email: richard.carter@linkbusiness.com.au

THE PROSPECTIVE BUYER IS REQUIRED TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS PRESENTED AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE WITHIN THIS ADVERTISEMENT, BY THE VENDOR OR BY ANYONE ON THE VENDOR'S BEHALF.
Keywords: Gloria Jean's, coffee. coffee shop, cafe, takeaway, franchise, food, hospitality, Portico Plaza, Parramatta, Toongabbie, Western Sydney, Sydney.

Ref: NSW09378

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Richard Carter

Business Broker
NSW
+61 2 9899 1999
+61 419 241 099
richard.carter@linkbusiness.com.au

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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