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Code

RB246 sold

Business Type

Sub Franchise

Area

Gold Coast – North side

Business Established

2003

Lease Remaining

Until April 2019 + 6-year option

Approximate Rent (excluding GST)

 $4,813 + $1,700 month outgoings!

Trading Hours – Daily

Generally, 7.00am – 9.00pm

Fit-out

New Current until 2023

Approximate Turnover (excluding GST)

 $876,588(FY 2015)

Reason for Selling

Relocating overseas

General Information

The Franchise is situated in well-established affluent neighbourhood. The store is excellently located with prominent curb and roadside visibility, and services a captive market

Potential return of $200,000 EBITDA to a full-time owner/operator - providing benchmarks are obtained!

Finance of 60 - 65% against the business could be available to approved applicants 

Asking Price

$699,000 + SAV ($8,000 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.

For more information, please contact:
 Reg Butler  0438 189 657
reg@businesses.net.au
  
 
 
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