Location:
Waverley Gardens 3170 > Melbourne - Greater > Victoria
Investment level:
$527,000 - $589,000
Type:
Franchise Resale
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Recently Refurbished, with modern fitout and beautifully presented with seating for 60+ customers.
$0 pm
$11,000 pm
$0 pm
Shop 38, Waverley Gardens Shopping Centre, 271 Police Road, Mulgrave.
Perfectly positioned near Woolworths, Bakers Delight, Westpac Bank, Optus and Australia Post.
This Ferguson Plarre Bakehouse is located in Waverley Gardens Shopping Centre, near a busy Safeway, with excellent foot traffic and exposure. The 100sqm premises with an additional 31 sqm dining area within the mall area. This would be ideal business for a husband and wife team or a small family.
Ferguson Plarre Bakhouses has been trading for over 120 years. Waverley Gardens store has been in operation since 2017. It has recently moved in to a lager premasis in May of 2023.
Sales on average(FY23/24) of $23,000 gross per week.
- Open 7 days for trade. Open from 7am to 5pm most days. Sundays 8am to 4pm.
- Reasonable rent (approximately $3000 per week, including outgoings)
- Coffee, Savories, Sweets, Sandwiches, Catering, Cold Drinks & Celebration Cakes.
- Large volume coffee, hot chocloate and chai sales.
- On average using approximate 50kg of coffee, 8 kg of chocolate, 6kg of chai, 400+ liters of dairy and 120 liters of non dairy milks per week.
- Online ordering via http://www.fergusonplarre.com.au and Ubereats.
- Fresh product delivered daily, no cooking on site.
- Simple business model.
- Modern, bright and welcoming store facade with seating for 60+ customers.
- No royalties.
- Marketing conducted by Franchisor
- Ferguson Plarre Bakehouses (Franchisor) must approve the purchasers' application.
- Purchasor must complete a four week training program with Franchisor.
- Franchisee Application Fee: $55k + gst to cover training for two people and legals
- Security Deposit of $30,000 held by the franchisor to cover landlord and stock purchases from head office.
Marketing support provided by Franchisor. All social media promotions managed by Franchisor.
Christmas catalogue, delivered to 500 closest residential properties near the store
Website promotions & sales. All website sales (mius processing fee) are credited to the store where the product is collected from.
Local area marketing support provided by Franchisor and Shopping Centre.
Initial four weeks mandatory training by Franchisor at their training facility. Plus onsite training. Ongoing training provided by Franchisor.
Personable and genial attitude and ability to converse with your customers is a definite bonus.
Five years remining on Lease and Franchise agreement
2017
All fields are mandatory
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