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Michel's Gold Coast Qld For Sale

Gold Coast, Queensland, Australia
Asking Price:
$275,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$1,040,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

Turnover $1.04M per annum (excluding GST). Net to 1 owner $121,000 per annum (approx.). Established during 2006. Good lease. High profile shop position in a busy medium sized shopping centre.

Simple menu which primarily consists of meat pies & savouries, sandwiches, various single serve cakes, photo cakes, special large cakes for the celebration of weddings, birthdays etc and coffee. The quality of the coffee is second to none. Simple to run with the franchisor taking care of marketing, new product development etc.

The premises possess 180 degrees open air access to a main thoroughfare. The major anchor tenants in the centre are Woolworths Supermarket, Target, David Jones and Myer. The business is very close to the entrance to Target and some of the other nearby businesses include: National Australia Bank, ANZ Bank, RACQ, Sushi D’Lite, NONI B, an optometrist, Valleygirl, Price Attack, Westpac Bank, St George Bank and a beauty parlour. Great Opportunity!! Good Value!!

Asking $275,000 + SAV.

Business Operation

Years established:
2006

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Inventory / Stock value:
$6,000 (AUD)

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