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Code

RB158 sold

Business Type

Sub Franchise

Area

Brisbane –Logan area (20km from CBD)

Business Established

10 years +

Lease Remaining

October 2015 + 5 year option

Approximate Rent (excluding GST)

 $2,328 including outgoings

Trading Hours - Mon - Fri

 Varies 6.30am – 8.00pm

Trading Hours - Weekends

 Varies 7.00am – 7.00pm

Approximate Turnover (excluding GST)

 $630,000 FY 2013

Reason for Selling

Other Interests

General Information

About the franchise:

The franchise was established and commenced operating over 10 years ago. It is well established on a very major road amid numerous industrial businesses.

The centre also includes Australia Post as a tenant (approx. 20% of all Australians visit Australia Post every week).

Current lease runs to 30/09/2015 + 1 x 5 year option. The landlord is receptive to additional options (Negotiable).

Rent is an extremely low affordable $2,328 per month. This includes outgoings and is less than 5% of turnover.

SAV is approximately $6,000.

The store is due for a refit. The owner is prepared to complete this to the franchisors guidelines and the estimated $60,000 cost is included in the asking price.

This store is ideally suited to an owner/operator

Potential returns of $150,000 are very possible to a full-time owner/operator, providing benchmarks are obtained

Finance of up to 60 - 70% against the business is available to approved applicants

Asking Price

$ 525,000 + SAV

The Franchisor

The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion dollar business, with more than 36,000 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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