Business DescriptionThe 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 1200 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.
Portside Wharf is the international cruise terminal, residential and retail development at Hamilton, Brisbane. It is also an upscale residential and retail precinct including restaurants, shops, a large fish shop/cafe, a supermarket, Dendy cinema complex and a public plaza.
The precinct is commonly filled with tourists who arrive by ship, in addition to locals who often arrive by CityCat.
Currently a massive building phase is happening arround the store, with many other large scale projects on the drawing board.
This location, due to the surrounding enterprises and captive traffic flow, will remain popular for years to come.
Franchise features include:
Lease expiring in September 2020 + 5 years option
Rent excluding G.S.T. is $5,008 per month + Outgoings of approx. $250
No Rental Bond / Guarantee
Business Established in 2012
New 20 year Franchise Term
Turnover (Approx.) FY 2019 $570,000
Mon - Sat 7.00am – 9.00pm
Sunday 8.00am - 8.00pm
Reason for selling - Retirement!
Approx. return to Owner Operators $100,000 EBITDA
$275,000 + SAV (Est. $10,000)
For more information, please contact:
0438 189 657