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Code

RB176  under contract

Business Type

Sub Franchise

Area

Gold Coast - Oxenford

Business Established

2008

Lease Remaining

2016 + 3 x 5 year options

Approximate Rent (excluding GST)

$3,620 / month + $220 outgoings

Trading Hours – Mon – Fri

6am – 9pm

Trading Hours – Sat - Sun

6am – 9pm

Approximate Turnover (excluding GST)

$800,000 FY 2014

Reason for Selling

Other business interests

General Information

About the Franchise:

Situated in a shopping centre with great roadside visibility, easy access and ample parking.

Growth area with several ongoing projects in the vicinity

SAV is $8,000 (estimated)

Fit-out is current until November 2020

The business is ideally suited to an owner operator who could realize approx. $220,000 EBITDA provided benchmarks are realised

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

 

Asking Price

$ 790,000+ SAV ($8,000 est)

 

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 1300 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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