CODE |
RB891 sold |
BUSINESS TYPE |
Sandwich Franchise |
AREA |
Gold Coast Southern Region |
BUSINESS ESTABLISHED |
7 years |
LEASE REMAINING |
2 years + 3 year option + option being negotiated |
RENT (excluding G.S.T) |
$3,560 per month |
TRADING HOURS – Mon - Sat |
6.00am – 7.30pm |
TRADING HOURS – Sun |
7.30am – 8.00pm |
AVERAGE TURNOVER |
$500,000 p.a. excl GST |
NUMBER OF STAFF |
1 manager + 7 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: * Located at the southern end of the Gold Coast * Well established store with excellent high volume traffic flow * Good neighbouring fast food tenants with strong drawing power * Located on a major road with surrounding industrial and residential areas * This franchise will be sold with the latest Tuscony 2 decor * Turnover 2008/2009 $486,000 * Turnover 2007/2008 $447,000 * The store is trading approx 5 percent up * Full Financials are available for the business * Approximately 5 years remaining (including options) on the lease * The store is currently run under full management * Plenty of potential growth with planned housing developments in the area * Ideally suited to an owner operator/s * Potential return of $130,000 to an owner/operator is not unrealistic 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: * 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 |
ASKING PRICE |
$330,000 + SAV (approx $3,000) |
For more information on this business,
please contact:
Reg Butler:
reg@businesses.net.au
Business Brokers Network
Level 18, 333 Ann Street
Brisbane 4000
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