Annual income to Owner $237k+ Sale Price $499k
Michel’s Patisserie is a chain of bakery-style food outlets selling cakes, pies, savouries, and espresso coffee. The franchise for sale here was established in 1995. The current owners purchased it in 2006. They have done very well out of this business & feel that it’s time take a break, so they are looking at selling this business.
Buyer needs to be approved by Michel’s head office and undertake their training.
$499k + stock as valued approx. $11k
This is a good solid business suitable for a family or individual who wish to operate their own successful franchise. The current owners have been operating it for more than 11 years. They have decided to take a break and allow someone else the opportunity of owning and managing this successful business.