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Business Details
Code:
RB296
Business Type:
Sub Franchise
Area:
Cleveland area
Established:
1995
Lease:
Expires September 2021 + 2 x 5 year options
Rent (excl GST):
$7,030 + $490 per month outgoings
Trading Hours:
Daily 7.00am - 10.00pm
No of Staff:
19 casuals
Vendor Hours:
Nil - primarily run under management
Approx Turnover(excl GST):
FY2017 $825,000
Reason for Sale: Out of town interests
      General Information

This is one of the world's most recognised sandwich franchise brands with approximately 1,300
stores in Australia.

The Franchise is situated in a heavily populated established suburb with great roadside
visibility and ample parking

20 year new Franchise Agreement

Full training is provided by the Franchisor prior to settlement.

Current Lease expires in September 2021 with 2 x 5 year options

Rent is $7,030 per month and Outgoings of approx $490 per month.

FY 2017 Turnover was approx $825,000

Trading hours are Daily 7.00am - 10.00pm (9.30pm Sunday)

Fit-out is current until 2020

Staffing consists of 19 well trained casuals

This store is currently run under management. It is ideally suited to a full time owner/operator.

The Stock at Value (SAV) is approximately $8,000.


For more information, please contact:
Reg Butler
0438 189 657
reg@brokers.net.au

Asking Price:
$550,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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