Approx Turnover(excl GST): |
2018/2019 $479,000 (estimate) 2017/2018 $431,539 (adjusted) 2015/2016 $475,487 |
The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with more than 40,000 outlets in 100 countries.
There are presently in excess of 1300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.
The suburb is an inner northern suburb in the City of Brisbane. It is approximately 7 kilometres from the Brisbane CBD. It is considered an upmarket, desirable suburb and has a number of heritage-listed sites
The franchisee offered is located on a busy major road on prominent corner position, with high visibility from two main roads
Business features include:
Business size - 65m2 + Alfresco (2 tables + 7 seats)
Rental Bond - Nil
New Franchisee entry costs - Nil
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
Fit-out - current until Mid 2022
Equipment will be sold unencumbered
Currently run mainly under management, great potential for hands on operator/s.
Return to owner operator is in the vicinity of $114,000 EBITDA profit per year for one owner working 40 hours per week
Finance - of up to 50% against the business is available to approved applicants
For more information please contact
Reg Butler 0438 189 657 reg@brokers.net.au
|