The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion dollar business, with more than 36,000 outlets in 100 countries. \
Wherever the restaurants are located, the basic menu stays almost the same.
The first restaurant opened in Australia during 1988.
Australia is the group's largest market outside North America, with more locations than any other chain.
There are presently in excess of 1300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.
This Franchise is conveniently situated in a hub regional shopping centre. Great roadside visibility.
The business is capable of 24-hour trading.
KEY FEATURES:
Current Lease expires September 2028 + 2 x 5-year options
Size is 140m2 + alfresco dining
Rent excluding G.S.T. is $9,100 per month + $1,662 outgoings
3 months rental bond is required
SAV is approx. $10,000
Established in 2002 and highly regarded in the area
Training is 3 weeks in Brisbane
New 20 year Franchise agreement
Restaurant is fully remodeled
Annual Turnover (Approx.) FY 2023 $1,375,000 (12% 3rd Party Deliveries)
The business was relatively unaffected by Covid19
Trading Hours are:
Mon - Sat 7.00am 10.00pm
Sunday 7.00am - 9.00pm
(Already set up to trade 24 hours)
Staffing -2 fulltime + 20 part-timers (varies)
After many years, the owner has decided to retire
Potential return to full time Owner / Operator is in the vicinity of $280,000 FY2023
Full financials available
Up to 60% bank finance may be available to approved applicants
For more information, please contact:
Reg Butler
0438 189 657
