| CODE | SD299 |
| BUSINESS TYPE | Sub Sandwich Franchise |
| AREA | Sydney Eastern Suburbs |
| BUSINESS ESTABLISHED | since 2008 |
| LEASE REMAINING (APPROX) | 4 years + 7 + 7 |
| APPROXIMATE RENT (excluding G.S.T) | $44,000 (excellent for this location) |
| TRADING HOURS - Mon to Sat | 7am to 9pm |
| TRADING HOURS - Sun | 7am to 8.30pm |
| TURNOVER (Y/E 30 Jun 11) | $400,000 approx |
| VENDOR'S HOURS | 37.5 per week approx |
| NUMBER OF STAFF | 3 rostered (excluding vendor) |
| REASON FOR SELLING | partnership split |
| GENERAL INFORMATION |
Situated on major arterial road, public school, shopping centre and post office nearby. Surrounded by residential home units. Very long lease including two option periods; the rent at approximately $44,000 per annum, is extremely low for this location There is future residential development planned for the area, the future looks great. This is an ideal franchise for owner operators, to capitalise on the base that has been established and drive the business to the next level. A superb opportunity!! The Franchisor: The first restaurant opened in Australia during 1988. Australia is the group’s largest market outside North America, with more locations than any other chain. There are presently in excess of 1200 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model. |
| BANK FINANCE |
Bank finance is often available to approved purchasers from 50% to 70% secured against the business itself. |
| ASKING PRICE | $240,000 sav |
For more information on this business, please contact:
David
Ferguson on 0412 488 295
Sydney Business Sales Pty Ltd
Licensed Business Brokers - since 1997
16-18 Grosvenor Street, Sydney 2000
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