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Business Details
Code:
RB610
Business Type:
Dominos Franchise
Area:
Chinchilla
Established:
Business established 13 years ago
Lease:
expires June 2023 + 5 year option (Additional options Neg.)
Rent (excl GST):
$2,757 per month + ZERO Outgoings
Trading Hours:
Trading Hours
Mon Thur 3.00pm 9.00pm
Fri Sat 11.00am 10.00pm
Sunday 11.00am 9.00pm
No of Staff:
2 Fulltime + 18 casuals (inc 10 drivers)
Vendor Hours:
Nil - out of town!
Approx Turnover(excl GST):
FY 2021 is $1,300,000 estimated
Reason for Sale: Owner is downsizing
      General Information

Domino's Pizza Enterprises Ltd (Domino's Pizza) is the largest pizza chain in Australia.

They extend across five countries, with more than 845 stores employing approximately
21,000 people and making more than 60 million pizzas a year (Extracted from
http://www.dominos.com.au/corporate/inside/InsideDominos.aspx)

The Dominos franchise offered is located in the small vibrant country town of Chinchilla,
where the business has a awesome reputation amongst the locals.

Business features include:

Size of business is 133m2

No rental bond is required

Fit-out - generally okay. Foyer upgrade required soon (approx. $20,000 tbc)

Franchise term remaining - until June 2028

Training cost is $20,000 + GST

Currently run under management, but more suited to an owner operator

Approx. return to a full time Owner / Operator is in the vicinity of $160,000 EBITDA
FY2020

Bank finance of up to 70% could be available to approved applicants

ASKING PRICE
$575,000 + SAV (Est. $10,000)


For more information, please contact:

Reg Butler
0438 189 657



Chinchilla is a town and a locality in the Western Downs Region, Queensland and has a
population of 6,600

The town is approximately 300 kilometres west-northwest of Brisbane and is connected to
Brisbane, Toowoomba and Roma by the Warrego Highway.

Agriculture is the mainstay of the community, with beef and pork production, wool growing,
and horticulture traditionally underwriting the local economy. Chinchilla produces 25% of
Australia's melons (including watermelon, rockmelon and honeydew), and is known as the
'Melon Capital of Australia', and plays host to a Melon Festival every second year in
February.

However, with the recent resources boom, the Kogan Creek Power Station (and other coal and
gas projects) have begun to inject welcome cash into the town and Chinchilla is
experiencing mass growth and development.
Asking Price:
$575,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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