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Code

RB509

Business Type

Sub Franchise

Area

Gold Coast – Upper Coomera

Business Established

2008

Lease Remaining

Expires October 2023 + 5 year option

Approximate Rent (excluding GST)

$3,442 per month + $325 per month outgoings

Trading Hours – Mon – Fri

6.00am – 8.00pm

 

Trading Hours – Sat - Sun

8.00am - 8.00pm

Approximate Turnover (excluding GST)

FY 2019 $483,000

FY 2018 $491,000

Reason for Selling

Family circumstances

General Information

Upper Coomera is a suburb in the City of Gold Coast with a population of approximately 25,000 people.

Upper Coomera and Coomera have long been the main centre of urban development on the Gold Coast and are considered to be, along with Southport and Robina, one of the Gold Coast's three urban centres.

Features of the franchise offered for sale include:

Business Size is 59m2 + alfresco seating

No Rental Bond / Guarantee

New 20 year franchise year agreement

Fit out is due, with an expected cost of $50,000. The asking price has been reduced to factor this cost in

Approx. return to Owner Operators is $94,000 (FY2019 EBITDA with control of benchmark costs

Asking Price

$150,000 + SAV

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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