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Code

RB976 sold

Business Type

Sub Franchise

Area

Townsville

Business Established

2007

Lease Remaining

May 2017 + 5 year option (Neg)

Approximate Rent (excluding GST)

 $5,400 per month + outgoings

Trading Hours - Mon - Fri

 8.30am – 5.00pm (Thur 9.00pm)

Trading Hours - Weekends

 8.00am – 4.30pm

Approximate Turnover (excluding GST)

 $700,000

Reason for Selling

Other Interests

General Information

About the franchise:

Situated in a major shopping centre.

Potential returns of $140,000 are very possible to an owner/operator, providing benchmarks are obtained

This store is ideally suited to an owner/operator

Finance of up to 60 - 70% against the business is available to approved applicants

Asking Price

Price reduced to $ 395,000 + SAV (sav approx $6,000)

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 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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