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Code

RB271

Business Type

Sub Franchise

Area

Harbour Town Gold Coast

Business Established

March 2016

Lease Remaining

March 2023

Approximate Rent (excluding GST)

 $8,333 per month + $420 prom levy

Trading Hours - Mon - Fri

 8.00am – 9.00pm

Trading Hours – Sat - Sun

 8.00am – 9.00pm

Approximate Turnover (excluding GST)

 FY2017 $950,000

Reason for Selling

 Business rationalization

General Information

Harbour Town Gold Coast opened in 1999 and located just 20 minutes north of Surfers Paradise enroute to theme parks. It is situated on the corner of the Gold Coast Highway and Oxley Drive Biggera Waters

Harbour Town was the first and is still the largest purpose-built brand direct factory outlet shopping centre in Australia. The centre should remain popular for years to come

The franchise has only recently been relocated from a suburban location outside of the centre to a more prominent location inside the Harbour Town centre

Staffing is 1 full-time manager + 13 casuals

Expected sales are forecasted to be approx. $950,000 with a projected profit or approx. $220,000 to a committed full-time owner operator

Sales could be considerable higher with more efficient through-put

Finance of 50 - 60% against the business could be available to approved applicants

Asking Price

$ 795,000 + SAV (approx. $7,000)

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