Listing Number: 46971-82455
PRICE: $ 220,000 + SAV
TOTAL SALES: $ 480,000 p.a.
OWNERS EARNINGS (SDE): $ 140,000 p.a.
Opportunity to own a world famous Mrs. Fields Bakery and Cafe located at a busy Westfield Mall in Sydney Eastern Suburbs.
About the opportunity
The owner started in 2006, and has recently renovated the store so it looks brand new. Positioned on a ground floor opposite the Coles, bank’s branches and many other retailers, capturing passing foot traffic. The premium food gift hampers are very popular during festive seasons such as Christmas and Easter.
Buy now, and enjoy the high sales season ($20,000/week) during Christmas period.
Already enjoying a healthy income, there is plenty of room to grow the weekly takings, especially from cross selling and up selling gift hampers.
Furthermore, the nearby population is set to expand even further with over 2000 new apartments next to the shopping centre in the pipeline for completion over coming years.
With year on year growth, this your opportunity to take over the business today and capitalise on the continuing growth of this businesses revenues and profits.
Hours - Standard Mall opening hours.
Training - The buyer will need to attend training provided by Mrs. Fields franchisor. The seller will absorb the cost up to $20,000. The seller is also committed to provide a 2 weeks of training to ensure a smooth handover.
The business commenced with the current owner in 2006. Today the business enjoys healthy revenues and owner income, an established loyal customer base and enormous passing foot traffic.
Don’t delay, contact us today.
- Price: $220,000
- Down Payment: $22,000
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: Withheld, New South Wales
- Inventory: $0
- FF&E: $0
- Employees: 0
- Reason for Selling: Owner Retiring