Businesses for Sale     Businesses for Sale
Home Sydney Brisbane Franchises Childcare Selling? Contact
 

Code

RB258

Business Type

Sub Franchise

Area

Burleigh Heads area

Business Established

15 years

Lease Remaining

December 2020 + 5 year option

Approximate Rent (excluding GST)

 $3,245 + $812 month outgoings

Trading Hours

Sun - Thurs 8.30am – 6.30pm, Fri – Sat   8.00am -7.00pm                  

Fit-out

Current until 7th August 20207.00pm

Approximate Turnover (excluding GST) $456,000 (FY 2016)

Reason for Selling

Serious health issues

General Information

Situated in a highly visible location with large volumes of passing street trade. There are plenty of reasons for people to visit the location on a regular basis

The franchise outlet offered has undergone major changes in just about every aspect of the business in order to maximise the opportunities and potential going forward

A very comprehensive remodel has been conducted and will enable the store to be current until August 2020. Included in the remodel is a new toaster oven, and alarm system

The store size is a comfortable and easily manageable 68m2

There is no rental bond

There is the possibility to expand the trading hours in order to maximise opportunities, especially during holiday periods!

Due to the owner’s medical condition, the business is now currently run under management. However, it is more suited for “hands-on” owner operators

Potential returns in the region of $120,000 EBITDA can be expected

Finance of up to 60% against the business is available to approved applicants.

Asking Price

reduced to $199,000 + SAV ($4,000 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 1300 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