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Business Details
Code:
RB949
Business Type:
Sandwich Franchise
Area:
Southside Near CBD
Trading Hours:
Monday to Friday 7.00am to 9.00pm
Saturday to Sunday 8.00am to 9.00pm
No of Staff:
13 Casuals
Approx Turnover(excl GST):
Approximately $670,000
Reason for Sale: Family Additions
      General Information

About the Franchisor:

* One of the world's most recognised food (sandwich) franchise brands with approximately
1,310 stores in Australia


Other information:

* In most years about 70% of franchises are purchased by existing franchisees

* Very low entry costs e.g. NO training fee for incoming franchisees

* Highly regarded by most major Australian banks with up to 70% bank finance lent against the
business to approved applicants

About the Franchise:

Located within approximately 5km of Brisbane

The current lease expires in 2013

There is one 5 year option

Rent is approximately $7,090 per month excluding G.S.T.
Outgoings are approximately $710 per month excluding G.S.T.
Annual rental increases are 4%
There is a rental bond required, which is approximately 3 months rent

Franchise fees are 8% of turnover
Franchisor marketing levy is 4.5% of turnover
There are minimal fees charged by the Franchisor for entry into the group

The business was established within the last 5 years
Asking Price:
$320,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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