Brisbane City, Queensland 4000
Noodle Box - Birkdale, TO $600k, Very low rent! Long lease! Excellent growth!
For Sale | $295,000
Today Noodle Box is Australia's largest franchised noodle restaurant chain. With a network of over 70 restaurants across the country.
Birkdale is a coastal locality in the City of Redland and is approximately 23 KM east of the Brisbane CBD In the 2016 census, Birkdale had a population of 14,497 people.
The Birkdale Noodle Box franchise is in a high trafficked area, amid other fast food eateries. The area is well known and popular amongst the locals.
Franchise features include:
Lease expires 31/05/2023 + 7 years option
Business Size is 73m2 with some footpath seating
Rent excluding G.S.T. $2,239 per month + $405 Outgoings
Business Established in 2016
Franchise Term in line with the lease
Fit out is satisfactory until 2023
Turnover (Approx.) FY 2020 $600,000 estimated
Sunday Wednesday 11.00am 9.00pm
Thursday Saturday 11.00am 9.30pm
Staffing level - Owners + 1 casuals (as required)
Owners Hours - 1 x full time, 1 x part time
Reason for selling - Family reasons
Approx. return to Owner Operators is $150,000 (FY2020) EBITDA
For more information, please contact:
0438 189 657