CODE

RB880

BUSINESS TYPE

Sandwich Franchise

AREA

Gold Coast Central Region

BUSINESS ESTABLISHED

4.5 years

LEASE REMAINING

2 years + 7 year option

RENT (excluding G.S.T)

 $7,600 per month +

Outgoings $1,100 per month

TRADING HOURS – Mon - Sat

 8.30am – 5.30pm (Thur 9.00pm)

TRADING HOURS – Sun

10.00am – 4.00pm

AVERAGE TURNOVER

 $520,000 excl GST

NUMBER OF STAFF

 12 Casuals

REASON FOR SELLING

Other Interests

GENERAL INFORMATION

About the Franchisor:

* One of the world's most recognised food (sandwich) franchise brands with approximately 30,000 stores in 86 countries

* Named the #1 Global Franchising Opportunity by Entrepreneur Magazine in 2008

About the Franchise:

* Situated in a well established major shopping centre foodcourt

* Adjoining residential and industrial areas surround the store

* There are numerous well known and recognised businesses, supermarkets and department stores, in the complex. Plenty of draw power to the location!

* Shop fitted out by passionate specialist to satisfy Franchisor's standards.

* Turnover is approximately $10,000 per week

* 2 years remaining on existing lease plus a 7 year option.

* Trading area is 69.5m2 + ample foodcourt seating

* Store is currently fully managed

* Ideally suited to an owner operator

* Potential return to an owner/operator $100,000. A working couple could potentially see $140,000 return for their efforts

Benefits of becoming a Franchisee:

* Great food! A varied menu selection offers products you will be proud to serve and (importantly) what consumers want

* Professional and comprehensive training covering aspects of owning and operating a franchise store prior to takeover/settlement

* An easy-to-run operation with exceptional control systems to help owners run their business/es efficiently, with ongoing training, infrastructure and marketing support

* Franchise consultant to help with ongoing store operations including; meeting health and safety regulations and improving operational effectiveness and efficiencies by adopting best practice in stores

Other information:

* In most years about 70% of franchises are purchased by existing franchisees

* Very low entry costs e.g. NO training fee for incoming franchisees

* Highly regarded by most major Australian banks with up to 70% bank finance lent against the business to approved applicants (i.e. Approximately $130,000 cash or equity in property could be enough to acquire this business)

ASKING PRICE

$400,000 + SAV  (approx $3,000)

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

reg@businesses.net.au

Business Brokers Network
Tel:  07 3488 2115   Fax:  07 3488 2116


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