Summary
This is a perfect chance for an enthusiastic operator to take over a proven high-turnover store, benefit from RFG’s conversion support, be part of the exciting relaunch of Gloria Jean’s in SA.
Royalties
8% of net
Rent
$21,455 pm
Marketing Fees
3% of net
Location Details
Westfield Marion, Adelaide, SA, 5000
High Traffic Westfield Marion Center
About the Opportunity
Thriving Café Opportunity – Transition to Gloria Jean’s with RFG Support
An exciting opportunity has become available to acquire CIBO Marion, a well-established café located in the busy Marion Shopping Centre.
With annual turnover of over $1.4 million, this is a proven site with strong customer recognition and loyal repeat business.
As CIBO Espresso transitions under new ownership, this store will be rebranded to Gloria Jean’s – one of Australia’s most loved café brands. Retail Food Group (RFG) is committed to supporting the rebrand and will contribute a minimum of $70,000 towards the store’s refurbishment and conversion costs.
This is a rare opportunity to get in at the ground floor of the Gloria Jean’s expansion in South Australia and partner with one of Australia’s largest food and beverage franchise groups.
Key Features:
Annual turnover of $1.4m+
Prime location within Marion Shopping Centre
Backed by RFG’s rebrand support package – minimum $70K contribution
Royalties currently 8% + 3% marketing; reduced to 8% total when converted
Strong potential for growth with a new brand identity and refreshed store design
Well-established café with consistent trade and excellent customer base
The Opportunity:
This is a perfect chance for an enthusiastic new operator to take over a proven high-turnover store, benefit from RFG’s conversion support, and be part of the exciting relaunch of Gloria Jean’s in South Australia.
Don’t miss your chance to join at the start of this journey.
Year Business Established
2010
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