.
Business Details
Code:
RB319
Business Type:
Sub Franchise
Area:
Padstow Sydney
Established:
2002
Lease:
until March 2023 + 5 year option
Rent (excl GST):
$3,750 inc outgoings
Trading Hours:
Mon - Wed 7.00am - 9.00pm
Thur - Fri 7.00am - 9.30pm
Sat - Sun 7.30am - 9.00pm
No of Staff:
1 full-time + 5 casuals
Staff Hours Per Week:
1 full-timers + 5 casuals.
Vendor Hours:
Nil
Approx Turnover(excl GST):
Approx $400,000
Reason for Sale: Relocating
      General Information

Padstow, a suburb of local government area Canterbury-Bankstown Council , is located 22
kilometres south-west of the Sydney central business district, and is a part of the
South-western Sydney region.

According to the 2011 census, there were 12,717 residents in Padstow.

Padstow is a mostly residential suburb bounded on the north by Bankstown. The M5 South Western
Motorway traverses the northern end of the suburb, which is also the location of a number of
light industrial facilities.


The Franchisor is one of the world's most recognized sandwich franchise brands with
approximately 1,300 stores in Australia and approx 40,000 worldwide.

The Franchise offered is situated in a highly exposed service station site. There is excellent,
can't miss, roadside visibility.

The current Lease expires in December March 2023 with a 5 year option (until 2028).
There is NO rental bond.

SAV approximately $4,000

Franchise remodel is due about 2020.

Potential profit FY2018 is approx. $85,000 EBITDA to an owner operator with control of costs.

For more information, please contact:

Reg Butler
0438 189 657
reg@brokers.net.au
Asking Price:
$208,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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