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- Price: $620,000 + SAV
- Categories: Food/Hospitality, Retail
The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with more than 40,000 outlets in 100 countries.
There are presently in excess of 1300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.
The suburb is approximately 7 kilometres from the Brisbane CBD, and considered an upmarket, desirable suburb, surrounded by well established housing estates.
The store is amid a neighbourhood shopping hub with most of the major services housed within.
Loyal customers are drawn from the residential locals, tradies, and commuters.
Business features include:
Lease - Expires March 2026 + Negotiable options
Business size - 84m2 + Alfresco tables + seats
Rent excluding -.-.-. - $3,790 per month
Outgoings excluding -.-.-. - $756 per month
Business is very well established and known in the area
New Franchisee entry costs - Nil
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
Remodel will be completed prior to settlement
Annual Turnover (FY 2021) Almost $785,000
Trading Hours Generally 8.00am 9.00pm
Staffing Owners +10 casuals (varies)
Reason for selling Retirement
Return to owner operator is in the vicinity of $215,000 EBITDA
Asking price is $620,000 (fully remodelled) + SAV
For more information, please contact:
(Photo is representational)
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