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Code

RB316

Business Type

Sandwich Franchise

Area

Arana Hills, NW Brisbane

Business Established

 Since 2001

Lease Remaining

 EXCELLENT until 8/2022 + 5 + 5 years

Approximate Rent (excluding GST)

$2,367 per month Outgoings excluding G.S.T. of $300
Trading Hours – Sunday – Thursday 8.00am – 9.30pm

Trading Hours – Friday - Saturday

8.00am – 9.30pm

Approximate Turnover (excluding GST)

 $500,000

Reason for Selling

Distance to travel / Other Interests

General Information

Arana Hills is a suburb in Moreton Bay Region, Queensland. It is located 12 kilometres north-west of Brisbane. Informally it is part of the Hills District.

 

In the 2011 census, Arana Hills recorded a population of 6,313 people.

The Franchise is situated on a major road with great roadside exposure.

The centre houses many big name tenants, generating guaranteed traffic flow and people past your door

The fit-out is current until late 2019 and well maintained (Contribution towards remodel cost has been factored into the asking price)

Staffing consists of 8 well trained casual employees

Out-of-town Owners hours are Nil (The store is primarily run under management)

Based on the FY2018 result, the potential return was in the vicinity of $120,000 EBITDA to a fulltime owner operator

Full financials available

Asking Price

$ 299,000 + 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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