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Code

RB224 under contract

Business Type

Sub Franchise

Area

Gold Coast Ashmore

Business Established

2000

Lease Remaining

October 2023

Approximate Rent (excluding GST)

 $4,685 per month + $350 0utgoings

Trading Hours - Wed - Sat

 6.00am – 9.00pm

Trading Hours - Weekends

 6.00am – 9.00pm

Approximate Turnover (excluding GST)

 $1,100,000

Reason for Selling

Business Rationalization

General Information

The Franchise is located prominently on the Nerang Southport Road

The fit-out is current until December 2018

Potential returns of $280,000 EBITDA are possible to an owner/operator, providing benchmarks are maintained

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

Asking Price

$ 990,000 + SAV (approx $8,000)

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