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Business Details
Code:
SD356
Business Type:
Sub Franchise
Area:
Newcastle area
Established:
since 2003
Rent (excl GST):
Base rent only $42,000 p.a
Vendor Hours:
Nil
Approx Turnover(excl GST):
$720,000+ per annum
Reason for Sale: other business interests
      General Information

Excellent average turnover $720,000+ and very low rent ($42,000 p.a) – only 5.8 %

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

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.

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.

Asking Price:
$495,000
 
For more information, please contact:
David Ferguson on 0412 488 295


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