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 has many mid - high-rise apartment buildings. Very close to public transport entry point, notable eatery location.
Customers are drawn from locals, students, tradies, commuters, office workers - everyone!!!
The franchise offered is located in the thick of the action.
Business features include:
Business size - 70m2 + Alfresco tables + seats
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 - Remodel due! Owner will do with cost added to asking price!
Equipment will be sold unencumbered
Currently run under management, great potential for hands on operator/s.
Reason for selling - Scaling down
Return to owner operator is in the vicinity of $170,000 EBITDA FY2020
Asking price is $469,000 fully remodelled + SAV
For more information, please contact:
Reg Butler 0438 189 657
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