NOW SOLD! Muffin Break Franchise - Northland Shopping Centre, Preston (AA1898)

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Asking Price: $660,000
Weekly Sales: $19,500 (exc gst)

Lease Details:

  • New 5 Year Lease commenced 1 Aug 2015
  • Expires 31 Jul 2020
  • Brand New Shopfit just completed
  • Kiosk size approx. 30 Sq metres
  • Rent: $13,333 + gst + Outgoings
  • Annual Review: 5%
  • Landlord security: Approx $32,000
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Business Details:
  • Franchise Royalty:  6%
  • Marketing Levy: 3%
  • Franchise Term valid to July 2018
  • This store is ranked 2nd is sales in Victoria
  • Inspection will impress
  • It is a respected training store for the brand
  • Top 10 store in Sales around Australia
  • Has won many awards including Franchisee of the year
  • Located in top position in very busy food court
  • This is the busiest store in the foodcourt, within metres to entrance to Myers which has an annual turnover of $50million
  • Northland has total of 14 million customers visiting per year with a sales turnover of $520 million
  • Northland is a major regional centre in Preston which is only 12 kms north of Melb CBD
  • Other major tenants include, Myer, Target,  Hoyts Cinemas, Coles and Woolworths
  • Very loyal customer base
  • Ideal; for hands on Owners or partners
  • Solid trading history with excellent profits
  • Call to discuss further or to arrange an inspection...

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Contact Broker: Ahmet Ali on Mob 0400 650 770 or via e-mail click here to request a business profile.

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