.
Business Details
Code:
RB308
Business Type:
Sub Franchise
Area:
North Western suburb
Established:
2005
Lease:
Expires 20/12/2020 + 5 years option
Rent (excl GST):
$5,759 ex G.S.T. + Approx. $645 per month outgoings
Trading Hours:
Mon Sat 8.00am 9.00pm
Sunday 9.00am - 9.00pm
No of Staff:
Manager + 12 casuals
Vendor Hours:
Nil - run under full management
Approx Turnover(excl GST):
2017/2018 $365,274 (9 months)
2016/2017 $519,805
2015/2016 $559,508
Reason for Sale: Other business interests
      General Information

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

Features of the Sandwich franchise offered include:

Rental Bond - Nil

Franchise transfer fees - Paid by outgoing franchisee

Owners Hours - Nil run under full management

Staff Weekly wages - Approx. $2,230 (including Manager)

Approx RETURN TO OWNER/OP - FY17 $140,000 EBITDA

SAV Approx $6,000

Financials available

Owner has factored the need for a remodel in 2020 into the asking price ($50,000)

If required - Vendor willing to provide some Vendor Finance

For more information, please contact:

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

Asking Price:
$295,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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