• Turnover 2013-£473,000 2012-£450,000
• Top performing outlet within the franchise group
• Record breaking franchise outlet and fitted to highest of standards
Premiere Franchise lease café which is all about location, location, location. Top performer and record breaker within the group for figures. 5 years of lease remaining which is fully renewable, T/O almost 500k. Located within a major shopping centre internationally known branding Leasehold Ref:43080
Muffin Break Cardiff is an internationally known franchise which originally started in Australia and is one of the 52 stores currently in the UK.
Located within the capital of Wales in the new St David’s shopping centre, the largest shopping centre within Wales, having a weekly footfall of over 500,000 people per week.
In addition the site is at the entrance to the main cinema complex inside the venue and C.I.A.
Currently there is no alcohol licence but this may be of scope to a new purchaser.
Muffin Break is all about freshly products baked on site daily. All products are handmade with savoury quiches and pies available in store. The vendor established this store 5 years ago and Muffin Break was one of only 2 café’s which opened when St David’s opened.
The store has grown rapidly and holds the records of being a top performing store in the UK, with 52 stores in total with a recent opening in Chelmsford. They have broken company records including the 500 stores in Australia for turnover and it keeps on growing.
In its current configuration Muffin break caters for 67 seated clients at any one time and is located in the main food halls. Selling breakfast rolls, a wide range of cookies, cakes, muffins, pastries, savoury quiches, sandwiches, panini’s toastiest and baguettes. As well as an exclusive range of roasted and freshly ground coffee served by highly skilled baristas.
Royalties are paid quarterly and consist of 6.5% of net sales plus an additional 2% for support and advertising. The site is currently 5 years old and soon will be overhauled by the main franchisor. Additionally the purchaser must pass the basic credit checks of the main franchise head office.
The Cafe is due for a refit in the near future to fall in line with the international franchise scheduled refit. The current price of £449,995 includes a reflection on the draft plans for the refit, and would cover the cost for a new buyer or the cost to cover the current vendor prior
Summary. An excellent opportunity for either an experienced operator or a beginner to take control of the UK top performing franchise of Muffin Break in one of the top locations within the UK. Potential exists to expand the business further and to have a store due for refit.
Early viewings are an absolute must as demand is expected to be high.
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