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About the Business
Established in 2017, by the current franchisee these three Millie’s Cookies now have a combined turnover in excess of £350,000. With retail units located in three prominent shopping centres in the North West, as well as development agreements in place to open further stores within the territory. The current franchisee focuses mainly on overseeing the three stores, having established good relationships with highly competent staff members and managers.
Britons are a nation of biscuit lovers, with the volume sales of biscuits rising in the past year. The everyday treat segment is worth an estimated £432 million, with Brits increasingly looking for an indulgent treat. This cluster of Millie’s Cookies stores offers a fantastic opportunity to become a part of this lucrative sector.
The main role of the current franchisee is to oversee the businesses, liaising with the area operations manager, dealing with the bookkeeping as well as liaising with the accountant. The current franchisee has developed an excellent team of staff, as a result, there is no longer a requirement for a significant ‘hands-on’ approach. However, in order to facilitate the generation of substantial profit, this business would benefit from a new franchisee who wishes to take a more active role within the business.
All three of these Millie’s Cookies stores are set in prominent locations within the territory. Situated within well-known shopping centres along with many other well-known high street stores. As a result of this, the stores benefit from excellent passing trade. The excellent location of these stores along with the established and well-known Millie’s Cookies brand make this a fantastic opportunity.
These businesses are available as the current franchisee would like to concentrate on another investment opportunity. Providing a new owner with the chance to purchase this excellent cluster of Millie’s Cookies businesses, with fantastic potential to grow this operation and greatly increase profit margins.
This information is taken from a prospectus of sale. Further information can be provided upon the signing of a Non-Disclosure Agreement.
Who is the franchisor?
Millie’s Cookies was founded in 1985 by Mario Budwig and are a well-known and respected operator of 105 company-owned and 18 franchised stores in the UK, Millie’s Cookies is part of SSP (Select Service Partnership), a global blue-chip organisation with over 60 years’ experience in the hospitality industry with operations in 30 countries.
The first store was opened in 1987 in London, with further expansion over the next decade including Birmingham, Manchester, and Sheffield.
A brand built on great tasting, freshly baked cookies. A great brand with a clear message, and one that is completely relevant to today’s market with both an eat in and take away approach.
Millie’s Cookies don’t just offer freshly prepared cookies, they also offer muffins, cakes, ice-creams, smoothies, shakes, hot choc, tea and coffee in their stores.
The three stores are located within prominent shopping centres in the North West
The three businesses are run from retail/shop units that are 250 square feet
There is a development agreement in place to open further stores within the territory
The current owner is selling in order to focus on another investment opportunity
All support and training will be provided by the franchisor
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