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For Sale

Dominos Franchise - Chinchilla, $25k Per Week, Very Low Rent!

South East Queensland , Queensland

Summary


  • For Sale
    Contract Type
  • Queensland
    State
  • $575,000 + SAV
    Price
  • Food/Beverage Franchise Restaurant Takeaway Food

Features


Description


Domino's Pizza Enterprises Ltd (Domino's Pizza) is the largest pizza chain in Australia. They extend across five countries, with more than 845 stores employing approximately 21,000 people
and making more than 60 million pizzas a year (Extracted from http://www.dominos.com.au/corporate/inside/InsideDominos.aspx)

The Dominos franchise offered is located in the small vibrant country town of Chinchilla, where the business has a awesome reputation amongst the locals.

Business features include:

Current Lease expires June 2023 + 5 year option (Additional options Neg.)

Size of business is 133m2

Rent excluding G.S.T. $2,757 per month + ZERO Outgoings

No rental bond is required

Business established 13 years ago

Fit-out - generally okay. Foyer upgrade required soon (approx. $20,000 tbc)

Franchise term remaining - until June 2028

Training cost is $20,000 + GST

Annual Turnover FY 2021 is $1,300,000 estimated

Trading Hours
Mon – Thur 3pm – 9pm
Fri – Sat 11am – 10pm
Sunday 11am – 9pm

Currently run under management, but more suited to an owner operator

Owner is downsizing

Approx. return to a full time Owner / Operator is in the vicinity of $160,000 EBITDA FY2020

Bank finance of up to 70% could be available to approved applicants

ASKING PRICE
$575,000 + SAV (Est. $10,000)


For more information, please contact:

Reg Butler
0438 189 657



Chinchilla is a town and a locality in the Western Downs Region, Queensland and has a population of 6,600

The town is approximately 300 kilometres west-northwest of Brisbane and is connected to Brisbane, Toowoomba and Roma by the Warrego Highway.

Agriculture is the mainstay of the community, with beef and pork production, wool growing, and horticulture traditionally underwriting the local economy. Chinchilla produces 25% of Australia's melons (including watermelon, rockmelon and honeydew), and is known as the 'Melon Capital of Australia', and plays host to a Melon Festival every second year in February.

However, with the recent resources boom, the Kogan Creek Power Station (and other coal and gas projects) have begun to inject welcome cash into the town and Chinchilla is experiencing mass growth and development.