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Code

RB402

Business Type

Sandwich Franchise

Area

Moorooka

Business Established

Since 2010

Lease Remaining

Expires August 2019 + 3 + 3 + 3 year options NEG!

Approximate Rent (excluding GST)

$4,217 per month (under review)

Trading Hours

Mon - Fri 8.00am - 8.00pm
Sat         9.00am - 8.00pm
Sun        10.00 - 5.00pm

Approximate Turnover (excluding GST)

$326,000 (FY 2018)

Reason for Selling

Retirement / Downsizing

General Information

The Franchisor is one of the world's most recognised sandwich franchise brands with approximately 1,200 stores in Australia

The Sandwich Franchise offered is situated on the busy Beaudesert Road with roadside great exposure

The asking price includes the remodel which will be completed prior to settlement

Potential returns are in the vicinity of $56,000 EBITDA to a fulltime owner operator (with the control of costs)

Asking Price

$125,000 + SAV ($4,000 estimate)

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 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 1200 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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