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Code

RB142 sold

Business Type

Sub Sandwich Franchise

Area

Townsville

Business Established

Approx 7 years  

Lease Remaining

Until 2018 with 3 x 5 year options

Approximate Rent (excluding GST)

$5,500 / month inc. outgoings

Trading Hours – Sun – Thurs

7am – 10pm

Trading Hours – Fri - Sat

7am – 10pm

Approximate Turnover (excluding GST)

$1,000,000 FY 2014

Reason for Selling

Other interests

General Information

About the franchise:

This franchise is situated in a busy  suburban shopping centre with great roadside visibility.

The fit-out is new current until 2020

Potential return of $300,000 EBITDA to a full-time owner/operator - providing benchmarks are obtained!

Finance of up to 70% against the business could be available to approved applicants

Asking Price

$ 730,000+ SAV (approx $10,000)

 

The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion dollar business, with approximately 40,000 outlets in 100 countries. Wherever the restaurants are located, the basic menu stays almost the same.

The franchise has a proven business model and is continually ranked #1 franchise in the world.

The first restaurant opened in Australia during 1988. Australia is the group’s largest market outside North America, with more locations than any other chain. There are presently in excess of 1400 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.

For more information, please contact:
 Reg Butler  0438 189 657
reg@businesses.net.au
  
 
 
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