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Code

RB276

Business Type

Sub Franchise

Area

Sunshine Coast - Buderim

Business Established

2004

Lease Remaining

Lease expires on 22nd July 2019 with 3 x 5 year options (Lease until 2034)

Approximate Rent (excluding GST)

$3,987 + $645 outgoings per month

Trading Hours – Mon – Sat

8.00am - 8.00pm

Trading Hours – Sun

9.00am - 7.00pm

Approximate Turnover (excluding GST)

Turnover for FY 2016 was over $400,000. The store is currently trading significantly "up"

Reason for Selling

Diversification within the franchise group

General Information

Buderim is a picturesque urban centre located on the Sunshine Coast. It sits on a unique 180-metre high mountain, which overlooks the southern Sunshine Coast communities and not-so-far, beaches.

The town is located 7 km SW of Maroochydore and 90 km north of Brisbane.

Per the 2006 census, Buderim’s population was 49,911 people. Buderim is based on the boundaries of the suburbs of Buderim, Kunda Park, Mons, Mountain Creek, Sippy Downs and Tanawha.

Buderim was seen as a resource for timber getters as huge stands of Beech and Australian Red Cedar grew across the mountain. Substantial rainforest remnants remain.

The rich red volcanic soil found made the area particularly suited to growing almost everything, from bananas to small crops. The most notable was coffee, and ginger - the crop which made Buderim famous!

Features of the Sandwich franchise on offer include:

Situated on an extremely busy shopping street with a major road running through it. The store has great, can't miss, presence and appeal

The store was first established in 2004, and re-positioned in July 2013 to the current location

Fit-out is very recent and current until August 2020

At the time of the relocation, considerable attention to detail was given to the decor, to ensure that the store stands out as unique within the brand

Full and comprehensive training is provided by the franchisor prior to takeover

New 20 year franchise agreement

Potential return to a full -time owner operator is approx. $80,000 EBITDA based on the FY2016 sales result, with control of costs. FY2017 could be potentially higher!

Some finance of up to 50% against the business could be available to approved applicants

Asking Price

$195,000 + SAV (est $4,000)

The Franchisor

The Franchise was founded in Connecticut, USA, in 1965. The company has since grown into a multi-billion-dollar business, with approximately 44,000 outlets in over 100 countries.

In August 2015, there were 1465 open restaurants in Australia, with all owned and operated by franchisees.

The low-fat menu containing a range of subs with 6 Grams of Fat or less, is popular with customers all around the world.

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