Franchise Opportunities in Australia: Franchises for sale, buy a franchise

Buy your next business via bsale
My Account: Sign In

Great opportunity to be part of the Global Subway Brand...

Franchise for Sale
ELERMORE VALE NSW

Business ID: BS142885 Income to working owner $100K+ Sale Price $160K This store is located on the outside of a well established shopping centre in Elermore Vale. The centre was refurbished in 2015

Price $160,000

Great opportunity to be part of the Global Subway Brand – Elermore Vale, NSW

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Business ID: BS142885

Income to working owner $100K+ Sale Price $160K

This store is located on the outside of a well established shopping centre in Elermore Vale. The centre was refurbished in 2015 and the ‘old’ Shaft Tavern has undergone a major refurbishment and is now known as Hotel Elermore. This is an ideal opportunity for a husband and wife (etc) team. Good profits to owner operator(s) with potential to increase with hands on management.

-Established shopping centre location in Elermore Vale
-Good position close to parking
-Sales at the store have been growing since 2018 (2018 +10%, 2019 +17% and 2020 is still tracking up even with the 3 month closure due to COVID).
-Revenues up 10% in 2018
-Revenues up 17% in 2019
-Revenues are tracking upwards again in 2020 despite Covid
-Lease in place until April 2021 + 7 year option
-Rent $3,862 + GST / month inc outgoings and promotion levy
-All fixtures, fittings, equip and smallwares included
-Well trained staff, willing to continue
-Low franchise transfer fee includes training & support

A 10% deposit is required with the balance due at Settlement. The purchaser will receive initial training instore followed by further training in Brisbane at the Franchisors head office.

This is an excellent opportunity to be part of a successful national operation with backup from one of the worlds leading franchise companies.

Currently operated under management, this store would best suit an owner operator or working couple to maximise the return on investment. This well run store would provide an excellent introduction to the brand and provide a perfect platform to operate larger (or more) stores in the future.

Asking Price: The goodwill and assets of the business are available for $160,000 + SAV. It is estimated that typical stock on hand is around $8,000

Contact Seller

Logo

Contact: Xcllusive Business Sales
Phone: 02 9817 3331

Bsale ID: 279260
Agent ID: 6142833




Similar businesses for sale that may interest you:

Vip Car Detailing Port Stephens

Newcastle, Newcastle - Hunter, NSW Franchise for Sale $59,990

Mobile Car Detailing Franchise including all equipment and a vehicle to get you started! Finance Available (subject to approval) Huge franchise territory! Australia's Favourite Detailing Company!

Auto - Mechanical, Smash Repair, Detailing, Electrical | Auto - Petrol Station, Carwash, Marine, Retail, Service | Franchises and Business Opportunities Bsale ID 120301
NEW

High end Audio Retail- Great Margins

Newcastle, Newcastle - Hunter, NSW Business for Sale $270,000 + SAV

This boutique retail audio visual operation has been keeping the big chains honest in Newcastle for over 37 years and is finally ready for a new owner. It is renowned in the region as a supplier and i

Food - Supermarket, Butcher, Fruit, Bakery, Deli | Entertainment and Amusements Bsale ID 283999

Right At Home Australia - Coming soon to Newcastle!

NEWCASTLE, Newcastle - Hunter, NSW Franchise for Sale $120,000

Ride the baby boomers retirement wave with a winning franchise model with GUARANTEED GROWTH. Right at Home is a global leader in home care franchises. With more than 590 locations in 8 different coun

Health, Medical and Gyms | Franchises and Business Opportunities Bsale ID 268283

Send this post to a friend