Top performing sandwich franchise with systems in place
Often sought but rarely found a truly systemised business investment.
If you are looking for an established business with low risk and high stability, you should not miss this Turnkey operation with great systems in place.
After 11 years of continual ownership, the owners are looking to allocate capital into other investment opportunities and as a result are looking to sell.
Key features of the business:
* Top performing sandwich restaurant in ACT * Store is always in top 10-15 performing stores across all NSW/ACT * Store is top 25 across Australia * Low occupancy cost ratio 4%
*Employee wages (2022): $325,606 including super *Monthly rent: $4,743.75 including GST and outgoings *Average weekly sales (2022): $21,500 or $1,110,000+ per annum
A refit of the shop is required in the next 12 months with approx. renovation cost between $115,000 and $135,000 and the current owners are prepared to assist with this process.
To access bank finance with ANZ, you need to have secured property against the purchase or proven experience operating other sandwich franchise stores in Australia.
Bank guarantee is not required and there is no strict review process required by the landlord. The new owners need to be approved by franchise and complete the shop refit as mandated.
The current owners will be offering advisory role after settlement to assist the new owners.
If you are interested in owning this rewarding business, please email your full name, mobile number and email address to sales at capitalcommercial.com.au. We will provide you with a comprehensive Business Information Package.