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Business Details
Code:
RB302
Business Type:
Sub Franchise
Area:
Forest Lake area
Established:
2000
Lease:
Expires January 2021 + a 5 year option
Rent (excl GST):
$4,033 + $1,140 outgoings per month - Great rent for a mid-sized suburban
shopping centre!
Trading Hours:
Mon Wed 7.00am 9.00pm
Thurs - Fri 7.00am 10.00pm
Sat - Sun 8.00am - 9.00pm
No of Staff:
Full-time Manager + 11 Part-time Sandwich Artists
Vendor Hours:
Owners hours are Nil! The franchise is run under full management
Approx Turnover(excl GST):
Turnover FY2016/2017 was $835,179
FY 2018 is expected to be close to $900,000
Reason for Sale: Retirement
      General Information

The franchise is the world's largest submarine sandwich chain with approximately 40,000
restaurants in over 100 countries around the world.

The franchise offered is in located approx. 15km south-west of the Brisbane CBD

The store has great road side exposure (can't but notice) on a major roadway

The shopping centre is mid-sized and features many well known popular brands

The business is particularly busy over the lunch period with several industrial enterprises
close by

The area will continue to grow for years to come

Size of the business is 75m2 with alfresco seating

There is NO Rental Bond

SAV is approx $9,000

Managers Salary package and Super is Approx. $65,000

Staff Weekly Wages (including Manager) Approx. $3,500

Approx return to an owner operator is in the vicinity of $210,000 EBITDA based on the FY2017
result. FY2018 is expected to be higher

Full financials are available


For more information, please contact:

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




Asking Price:
$750,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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