rb

CODE	RB857 on hold
BUSINESS TYPE	Submarine Sandwich Franchise
AREA	Brisbane (within 10km of CBD)
BUSINESS ESTABLISHED	4 years
LEASE REMAINING	<1 + 5 + 5 = 5
RENT (excluding G.S.T)	$3,000 / month
TRADING HOURS – Sun - Sat	7 days
AVERAGE TURNOVER	$870,000 p.a. (excluding GST)
NUMBER OF STAFF	Manager + Casuals
REASON FOR SELLING	Other Interests
GENERAL INFORMATION	Up-to-date Tuscany design - no need to refit for about 4 years! (photographs displayed are representational) Long lease into the 2020's. Very cheap rent at less than $3,000/month, or a tad over 4% of turnover! Awesome location surrounded by known name neighbouring shops, schools, public transport, housing, businesses etc! Great visible exposure on a busy road! Full support and ongoing training! Franchise fees 8% Marketing Levy 4.5% Wages under full management 24% (a working couple will save considerably on this) Cost Of Goods is approx 23% Low entry costs! 2 week training course is paid for by the outgoing franchisee! Currently the business is run under management. The potential return for owner-operators is $260,000 per annum Finance is available to approved purchasers. This may be up to 70% of the business price .
ASKING PRICE	$795,000 + SAV (Approx $6k)

For more information on this business, please contact:
Reg Butler on: 0438 189 657

reg@businesses.net.au