Opportunity to Own a Popular Franchise in a busy growing suburb of Newcastle.
Here’s a rare opportunity for an astute buyer. Multi-unit owners downsizing, selling their Elermore Vale store below set-up cost. Ideal franchise for a husband and wife team. Good profits to owner operator/s with potential to increase with hands on management.
-Turnover $363,000 + p.a ex GST
-Established in same location for approx 5years
-Located in main shopping centre, which has just been recently renovated
-Positioned on the external face of the centre with outdoor seating
-New development plans for multi-level motel style accommodation on top of Shaft Tavern, which is situated near store
-Lease in place until April 2021 plus 7 year option to 2028
-Monthly rent $3,699+ gst includes all outgoings and promotion levy
-Shop fit out is like new, only 5years old
-All fixtures, fittings, equipment and smallwares included in price
-Well-trained staff in place willing to stay on
-Low transfer fee includes training and support from Subway Franchisor
The business is not only in a great location in Newcastle, but comes with everything needed to continue running this sought after franchise from day one. Suits owner operator/s to give this business a hands on approach to boost profits.
Will not last long at this price, enquire today!