Code

RB229

Business Type

Sub Franchise

Area

Brisbane Southside (4 km from CBD)

Business Established

1996

Lease Remaining

September 2020 + 2 x 5 year options

Approximate Rent (excluding GST)

 $5,040 + $1560 outgoings

Trading Hours – Mon - Sat

 7.00am – 12.00pm

Trading Hours – Sunday

7.00am – 12.00pm

Approximate Turnover (excluding GST)

 $900,000 (FY 2015)

Reason for Selling

Other business interests

General Information

Situated in a prominently positioned, well frequented shopping centre, with great roadside visibility, and ample parking.

Fit-out is current until September 2020

Potential return to an owner/operator is in the vicinity of $275,000 EBITDA based on the FY2015 result

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

Asking Price

$ 975,000 + SAV ($8,000 est)

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.