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Code

RB257

Business Type

Sub Franchise

Area

South Brisbane

Business Established

July 2010

Lease Remaining

Until January 2017 + 1 x 7 year option

Approximate Rent (excluding GST)

 $5,784.90+ $543 month outgoings!

Trading Hours

Trading hours are relatively short with no night trade

Mon - Fri  8.00am - 4.00pm                     
Saturday  9.00am - 3.00pm                     
Sunday    9.00am - 2.00pm

Fit-out

Current until December 2017

Approximate Turnover (excluding GST)

 $530,000 (FY 2016)

Reason for Selling

Other business interests within the group

General Information

The franchise offered for sale is situated in a modern, well frequented office block centre, with great roadside visibility, and plenty of pedestrian traffic.

VERY SHORT TRADING HOURS

POTENTIAL HIGH RISE BUILDINGS PLANNED IN THE VICINITY

Staffing consists of 1 fulltime + 5 casuals

Owners hours are Nil (store is run under management)

Potential Return to working owner: $100,000 EBITDA (with control of costs)

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

Asking Price

$425,000 + SAV ($5,000 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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