1300 33 18 14 info@businessbrokersnetwork.com.au
For Sale

Noodle Box - Gold Coast, TO $670k, Remodeled, Long Lease! Regional Recognized Migration Visa area!

Southport, Queensland

Summary


  • For Sale
    Contract Type
  • Queensland
    State
  • $285,000
    Price
  • Food/Beverage Franchise Restaurant Takeaway Food

Features


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.


The Gold Coast 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:

The business qualifies as operating in a regional area for migration purposes

Lease expires September 2024 + 2 x 5 year options

Business Size is 80m2 with some footpath seating

Gross Rent excluding G.S.T. is $5,800 per month. No outgoings

Business Established in 2010

Franchise Term in line with the lease

Fit out is relatively new, completed in January 2020

Turnover (Approx.) FY 2020 $670,000

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

Staffing level - Owner/s + 2 Full-time + Part-timers (as required)

Reason for selling - Other business interests

Approx. return to Owner Operator/s is $150,000 (FY2020) EBITDA

For more information, please contact:

Reg Butler
0438 189 657