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Business Details
Code:
RB293
Business Type:
Sub Franchise
Area:
Ballina
Established:
2010
Lease:
Until 30/11/2019
2 x 3 year options
Rent (excl GST):
$4263 / month
$390 / month outgoings
Trading Hours:
Daily 8.00am - 8.00pm
No of Staff:
10 casuals
Vendor Hours:
Approx 32 per week
Approx Turnover(excl GST):
Approx $470,000
Reason for Sale: Health issues
      General Information

Ballina is a town in the Northern Rivers region of New South Wales and seat of the local
government area.

Ballina's urban population at the 2011 census was 15,963.

A larger area including Lennox Head had an estimated population of 25,194 at 30 June 2015.

The town lies on the Richmond River and serves as a gateway to Byron Bay

The Franchise is one of the world's most recognized sandwich franchise brands with
approximately 1,300 stores in Australia

The Franchise is situated in a prominent, well frequented location with a very captive consumer
base

Size of the business is 116m2

The potential return to an owner operator is approx $80,000 EBITDA based of FY2017 sales and
applied benchmarks

Finance of up to 50% against the business could be available to approved applicants

For more information, please contact:

reg Butler
0438 189 657
reg@brokers.net.au

Asking Price:
$99,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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