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Code

RB508

Business Type

Sub Franchise

Area

Gold Coast - Southport

Business Established

January 2003

Lease Remaining

Until 2022 + 3 year option

Approximate Rent (excluding GST)

$3,990 + $340 outgoings per month

Trading Hours

Daily 7.00am – 9.00pm (not restricted to this)

Fit-out

Current until 2023 (TBC)

Approximate Turnover (excluding GST)

 $643,025 (FY 2019)

Reason for Selling

Moving on…

General Information

The franchise offered for sale is situated in a modern, well frequented shopping centre, with great roadside visibility, and plenty of pedestrian traffic.

Staffing consists of part time owner + 11 casuals

Potential Return to working owner: $135,000 EBITDA (with control of costs

Asking Price

$295,000 + SAV ($5,000 estimate)

The Franchisor

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 40,000 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 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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