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Code

RB284

Business Type

Sandwich Franchise

Area

Brisbane Logan area

Business Established

 Approximately 11 years

Lease Remaining

Expires 31st May 2021 + 5 years option

 

$8,000 Rental bond

Approximate Rent (excluding GST)

$3,360.38 per month (with $811.20 discount since Sept 2016) Outgoings are $307 per month

Trading Hours

Mon - Fri       7.30am – 6.00pm                                   

Saturday       8.30am – 4.00pm

Sunday         8.30am – 3.00pm

Fit out

Due end of 2018

Approximate Turnover (excluding GST)

2016/2017   $415,000 estimated

2015/2016   $425,354

2015/2016   $459,406                           

Reason for Selling

Other Interests / retirement

General Information

Huge potential with 2 draw card tenants about to open in the centre. Trading hours can be increased.

Staffing currently consists of 7 casuals with minimal input from the owner

Potential return to Owner Operator is $75,000 EBITD

Asking Price

$49,000 + SAV (est $3,000)

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
  
 
 
Home Sydney Brisbane Franchises Childcare Selling? Contact