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Code

RB168  sold

Business Type

Sub Franchise

Area

NSW – Northern Coastal Beaches

Business Established

2005

Lease Remaining

November 2018 + 2 X 5 year options

Approximate Rent (excluding GST)

 $2,960 including outgoings

Trading Hours – Mon - Sat

 7.00am – 8.30pm

Trading Hours – Sunday

7.00am – 8.30pm

Approximate Turnover (excluding GST)

 $500,000 (FY 2014)

Reason for Selling

Out of town owner

General Information

Situated in a highly visible and well known coastal town shopping centre. Busy road with easy access and ample parking. There are plenty of reasons for people to frequent this centre!

Fit-out is current until July 2019

Staffing consists of 1 full-time + 11 casuals

SAV is approximately $5,000

Other information:

Potential return of $110,000 + EBITDA to a full-time owner/operator - providing benchmarks are obtained!

Finance of 60 - 70% against the business could be available to approved applicants

Asking Price

$ 290,000 + 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
  
 
 
Home Sydney Brisbane Franchises Childcare Selling? Contact