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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