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Code

RB277

Business Type

Sandwich Franchise

Area

Townsville

Business Established

 Approx. 20 years

Lease Remaining

 Until 30/04/2018

Approximate Rent (excluding GST)

 $3,682 / month + $100 outgoings

Trading Hours – Sun – Fri

8.00am – 8.00pm

Trading Hours – Saturday

 8.00am – 4.00am (Sunday)

Approximate Turnover (excluding GST)

 FY2016 $540,000

Reason for Selling

Other Interests

General Information

About the Franchise:

Situated in a popular local and tourist precinct

Fit-out: Current until 2018 (Possible to relocate)

Staffing: 10 casuals

Potential return of $105,000 EBITDA to a full-time owner/operator - providing benchmarks are obtained!

There are options and possibilities with this store which could see a relocation to a much busier space.

This store is situated in the growth part of Townsville, with a major project about to start imminently

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

Asking Price

$ 295,000 + SAV Neg.

The franchise

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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