Domino's - Townsville! $31,000 per week sales! Near 10 year franchise agreement!

4 days ago

Location:
Regional QLD > Queensland

Investment level:
$875,000 + SAV

Type:
Franchise Resale

Industry:
Retail > Food outlets > Pizza Shop

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Internal Ref: RB274

Summary

Ticks the boxes! Stable store showing good year-on-year growth! Desirable location! Very low 5% rent!

Rent

$5,155 pm

Location Details

Townsville

Training provided

Full training provided by Franchisor prior to settlement

Length of Agreement

Near 10 year agreement

About the Opportunity

Domino's Pizza Enterprises Ltd (Domino's Pizza) is the largest pizza chain in Australia. They extend across five countries, with more than 845 stores employing approximately 21,000 people and making more than 60 million pizzas a year
(Extracted from http://www.dominos.com.au/corporate/inside/InsideDominos.aspx)

Townsville is a city on the north-eastern coast of Queensland. It is in the dry tropics region of Queensland, adjacent to the central section of the Great Barrier Reef. It is Australia's largest urban centre north of the Sunshine Coast, with a 2015 population estimate of 180,333.

Considered the unofficial capital of North Queensland by locals, Townsville hosts a significant number of governmental, community and major business administrative offices for the northern half of the state.

The Dominos franchise offered is located in popular roadside shopping centre. The centre has great visibility, easy access and ample parking

Current turnover is approximately $31,400 per week (26 week average)

Current lease expires 26/06/2018 + 10 year option

Rent is $5,156 + $873 Approx Outgoings

The fitout is current, and was refurbished in 2013

Franchise agreement will be a near 10 year agreement

Trading hours are:
Sunday - Monday 11.00am - 11.00pm
Tuesday - Thursday 11.00am - 12.00pm
Friday - Saturday 11.00am - 1.00am

Current staffing levels are 3 Managers + 3 Part time managers + 7 casuals + 16 drivers

The business is run under full management

Stock at value (SAV) is estimated at $10,000

There are no cars included in the sale

The business is ideally suited to an owner/operator(s). However it is also profitable under full management.

Potential return to Owner / Operator is in the vicinity of $210,000 EBITDA (with control of costs)

Finance of up to 70% of the business is readily available to approved applicants

For more information, please contact:
Reg Butler
0438 189 657
reg@brokers.net.au

Year Business Established

2006

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