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Code

SD356 sold

Business Type

Sub Franchise

Area

Newcastle area

Business Established

since 2003

Approximate Rent (excluding GST)

$42,000 p.a.

Trading Hours - Mon to Fri

7am to 9pm

Trading Hours - Weekends

7am to 9pm

Average Turnover

$13,850 per week

Reason for Selling

other business interests

General Information

Turnover last financial year, $720,000 (presently $13,850 p.w). Very low rent ($42,000 p.a) – only 5.5 % of sales

Good location only 10-15 minutes’ drive from Newcastle.

Long lease.

Presently operated under management, potential expense savings.

Ideal for owner operators, partnership or investors. A perfect family business.

This excellent Sub franchise has been listed for sale at $525,000 representing exceptional value

Finance - major banks may lend 50% to 70% secured against the business to approved purchasers.

Asking Price

reduced to $495,000

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 44,000 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:
David Ferguson 0412 488 295
david@businesses.net.au
  
 
 
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