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Code

RB312

Business Type

Sub Franchise

Area

Townsville – Domain Homemaker Centre

Business Established

2006

Lease Remaining

Expires May 2026 + 2 x 5-year options

Approximate Rent (excluding GST)

$8,195 per month (includes outgoings)

Trading Hours – Mon – Fri Mon – Fri 7.00am – 10.00pm

Trading Hours – Sat - Sun

Sat 7.00am – 10.00pm

Approximate Turnover (excluding GST)

FY 2018 $1,668,000 estimated

FY 2017 $1,614,000

Reason for Selling

Retirement

General Information

The Franchise is situated in the ever-popular Domain homemaker centre

Domain Central is an outlet shopping centre in Townsville. It is a Queensland's largest major outlet and large goods shopping centre, containing 50 stores including major retailers such as Harvey Norman, JB Hi-Fi, Freedom, Lincraft, T K Maxx, and a number of other homemaker, fashion and discount outlets.

The centre and store, has tremendous roadside visibility and ample parking

A new 20-year Franchise Agreement will be granted to the new franchisee

Full training is provided by the Franchisor prior to settlement

Fit-out is current until May 2020

This store is currently run under management.

It is ideally suited to a full-time owner/operator or existing multi-store franchisee

The Stock at Value (SAV) is approximately $10,000

Approx. returns to an owner operator are in the vicinity of $325,000 - $350,000 EBITDA

Full financials available

Some finance is available to approved applicants.

Asking Price

$750,000 + SAV (Est $8,000)

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.

There are approximately 1,300 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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