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Code

RB315

Business Type

Sandwich Franchise

Area

Tannum Sands (Via Gladstone)

Business Established

 Since 2012

Lease Remaining

 Until 31/10/2020 + 5 +5 + 5-year lease

Approximate Rent (excluding GST)

$3,548 per month including Outgoings

Trading Hours – Sunday – Tuesday

7.00am – 8.00pm

Trading Hours – Wednesday - Saturday

7.00am – 8.30pm

Approximate Turnover (excluding GST)

 FY2018 $486,000

 FY2017 $520,000

 FY2016 $600,000

Reason for Selling

Travel distance / retirement

General Information

Tannum Sands is a coastal town and locality on the central east coast of Queensland, within the Gladstone Region.

At the 2016 census, Tannum Sands had a population of 5,145. The population of Tannum Sands and neighbouring twin town Boyne Island is approaching 10,000. The two localities are separated only by the Boyne River.

Tannum Sands is primarily a tourist and residential town. It has a patrolled beach and is well known as a fishing venue with access to the Great Barrier Reef, the Boyne River and Lake Awoonga.

It is a major residential area for the nearby Boyne Island Aluminium Smelter and Gladstone-based industries.

Boyne Island and Tannum Sands are also home to the Boyne Tannum Hook-up, Australia's largest family fishing event held on the Queens Birthday long weekend. This event is very popular with more than 3,000 entrants.

The Franchisor is one of the world's most recognized sandwich franchise brands with approximately 1,300 stores in Australia and approx. 40,000 worldwide.

The Franchise offered is situated in a highly exposed mid-sized shopping centre. There is excellent, can't miss, roadside visibility.

Located at:

97 Hampton Drive

Tannum Sands QLD 4680

(Via Gladstone)

Franchise remodel is due about 2020

Potential profit FY2018 is approx. $100,000 EBITDA to an owner operator with control of costs

This is a good tidy business with full financials available

PRICED TO SELL!!!

Asking Price

$ 99,000 + 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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