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Michels Patisserie In Sydney City Fringe For Sale

Sydney City Fringe, New South Wales
Asking Price:
$99,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$480,000 (AUD)
Cash Flow:
$115,000 (AUD)

Turnover $9,200 per week (excluding GST). Rent only $1,600 per week (ex GST). Net to 1 owner $2,200 per week. Established during 1994. Major refurbishment of this store was completed early 2017 to new Michel's Patisserie style. No more to spend. Good Lease and great business for an owner operator or husband & wife team.

High profile central kiosk position in front of Coles Supermarket. 360 degrees exposure to a main area. Simple to run with the franchisor taking care of marketing, new product development etc.
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.

The premises are situated in a busy, medium sized shopping centre. Some of the nearby businesses in the centre include Majors, like Woolworths and Kmart; Mini Majors, like Priceline Pharmacy and the reject shop; some of the major banks, like NAB; other food franchises, like KFC, Subway, Gloria Jeans and Boost Juice.

Asking $99,000 + SAV.

Business Operation

Years established:

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Inventory / Stock value:
$3,000 (AUD)

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