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Business Details
Code:
RB316
Business Type:
Sub Franchise
Area:
Arana Hills
Established:
2001 (by current owner)
Lease:
EXCELLENT expires in August 2022 and has 2 x 5 year options

NO Rental Bond
Rent (excl GST):
EXCELLENT $2,367 + approx $300 outgoings per month
Trading Hours:
Daily 8.00am - 9.00pm
possible to extend with ready market)
No of Staff:
8 well trained casual employees

Vendor Hours:
Out-of-town Owners hours are Nil
(The store is primarily run under management)
Approx Turnover(excl GST):
approx $500,000 per annum
Reason for Sale: Distance to travel / other business interests
      General Information

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

The Franchise is situated on a major road with great roadside exposure.

The centre houses many big name tenants, generating guaranteed traffic flow and people past
your door

The fit-out is current until late 2019 and well maintained (Contribution towards remodel cost
has been factored into the asking price)

Full training is provided by the franchisor

A new 20 year franchise agreement was be granted to a new franchisee

Based on the FY2018 result, the potential return was in the vicinity of $120,000 EBITDA to a
full-time owner operator

Full financials available

For more information, please contact:

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

Asking Price:
$299,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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