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Noodle Box - Birkdale, TO $600k, Very low rent! Long lease! Excellent growth!

$295,000

  • ID Ref RB507
  • Suburb Brisbane
  • State QLD
  • Status For Sale
  • Noodle Box - Birkdale, TO $600k, Very low rent! Long lease! Excellent growth!

Business Description

Noodle Box Pty Ltd is an Australian stir-fried noodle quick service restaurant chain headquartered in Melbourne, Victoria, founded in 1996.

Today Noodle Box is Australia’s largest franchised noodle restaurant chain. With a network of over 70 restaurants across the country.

Birkdale is a coastal locality in the City of Redland and is approximately 23 KM east of the Brisbane CBD In the 2016 census, Birkdale had a population of 14,497 people.

The Birkdale Noodle Box franchise is in a high trafficked area, amid other fast food eateries. The area is well known and popular amongst the locals.

Franchise features include:

Lease expires 31/05/2023 + 7 years option

Business Size is 73m2 with some footpath seating

Rent excluding G.S.T. $2,239 per month + $405 Outgoings

Business Established in 2016

Franchise Term in line with the lease

Fit out is satisfactory until 2023

Turnover (Approx.) FY 2020 $600,000 estimated

Trading Hours
Sunday – Wednesday 11.00am – 9.00pm
Thursday – Saturday 11.00am – 9.30pm

Staffing level - Owners + 1 casuals (as required)

Owners Hours - 1 x full time, 1 x part time

Reason for selling - Family reasons

Approx. return to Owner Operators is $150,000 (FY2020) EBITDA

For more information, please contact:

Reg Butler
0438 189 657

Business Features / Snapshot

Your Business Broker

Reg Butler

Business Location

Brisbane, Queensland 4001