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Code

RB178 under contract

Business Type

Sub Franchise

Area

Gold Coast – Surfers Paradise Beach Road

Business Established

2002

Lease Remaining

2020 + 1 X 6 year option (Neg)

Approximate Rent (excluding GST)

 $6,400 / month

Trading Hours – Mon - Sat

 6.30am – 9.00pm

Trading Hours – Sun

 6.30am – 9.00pm

Approximate Turnover (excluding GST)

 $600,000 (FY 2014)

Reason for Selling

Consolidating

General Information

About the Franchise:

Situated in a prominent, well frequented location near the RSL Club

Great roadside visibility, with the new tram stop just outside

Fit-out: Current until January 2017

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

Asking Price

$ 350,000 + SAV ($6,000 estimate)

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.

 
 Reg Butler  0438 189 657
reg@businesses.net.au
  
 
 
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