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Code

RB309

Business Type

Domino’s Franchise

Area

Brisbane – Underwood

Business Established

2015 (as a corporate store)

Lease Remaining

expires December 2022 + 7 years

Approximate Rent (excluding GST)

$5,006 + $350 Outgoings

Approximate Turnover (excluding GST)

FY2018 $1,300,000

Reason for Selling

Diversification within the group

General Information

Underwood is a suburb located south-east of the Brisbane central business district in Queensland. Its local government area is the Logan City Council.

In the 2011 census, Underwood recorded a population of 5,328 people, 49.9% female and 50.1% male. The median age of the Underwood population was 32 years, 5 years below the national median of 37.

The franchise offered is located in the significant Underwood Marketplace shopping centre. The centre has great visibility, easy access and ample parking

The franchise services approximately 10,200 households


The fit-out was completed in 2016, and includes a 3 door high seed oven

Franchise agreement runs to December 2026

Stock at value (SAV) is estimated at $7,000

There are no vehicles included in the sale

Business is ideally suited to an owner/operator

Potential return to Owner / Operator is in the vicinity of $135,000 EBITDA (FY2018 with control of costs)

Finance of up to 70% of the business is readily available to approved applicants

Asking Price

$699,000 + SAV (Est $8,000)

 

Domino's Pizza Enterprises Ltd (Domino's) is the largest pizza chain in Australia in terms of both network store numbers and network sales. It is also the largest franchisee for the Domino's Pizza brand in the world.

Domino's holds the exclusive master franchise rights for the Domino's brand and network in Australia, New Zealand, Belgium, France, the Netherlands, Japan and Germany, with more than 2,200 stores.

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