Submarine Sandwich Restaurant Franchise
CARRUM VICLast asking price $290,000
Sold June 2023
Submarine Sandwich Restaurant Franchise - Retail, Restaurant & Cafe, Fast Food, Bayside Location
UNDER OFFER AND ANOTHER WANTED!!! A NUMBER OF BUYERS ARE SEEKING OPPORTUNITIES IN THE WESTERN & NORTHERN SUBURBS.
- Asking Price: $290,000 (plus SAV)
- Annual Sales: $498,000
- Weekly Sales: $9,586 and growing (as per Combo Report)
- Annual Gross Profit: tba
- Annual Net Profit: tba
- Adjusted Net Profit: $34,906 (for 4 months only)
- Lease Details: monthly rental $3,605 plus GST pcm, 5+5+5 lease commenced August 2011, annual increase of CPI
OVERVIEW
- Situated within a busy shopping precinct with plenty of customer parking available (exact location available upon signing of Confidentiality Agreement)
- This franchise is part of one of world's leading franchise systems with a brand that is highly recognised throughout Australia and overseas
- This franchise meets the desires of Australian consumers (time poor, want fresh and nutricious food, seeking higher standards in quality, taste and service) and offers its customers value for money via meal deals and everyday value pricing.
STRENGTHS/ BENEFITS
- Currently run under full management. New owner can choose to work in store or continue with current structure.
- The opportunity to start fresh in your own business venture
- One of the lowest franchisee fees in the industry
- Systems already in place for you to wrap & go
- Ongoing support from Franchise Headquarters and fellow franchisees
- The opportunity to take control of your working life
SUMMARY
- Exceptionally strong brand & retail format
- Excellent location and lease terms.
- This franchise system has over 286,000 followers on Facebook. It is hugely popular!
- In 2010, this franchise system was once again named the Number One Franchise Opportunity in Entrepreneur Magazine's 'Franchise 500' rankings
REASON FOR SALE
- Owner selling to pursue other business interests/ investments
Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on xxxxx for a confidential discussion about this business or register your interest below to receive a comprehensive Business Information Memorandum. Please quote reference BR1028.
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