Australia

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Listing Id: 35656 Last Refreshed: 27/02/2025 Total Views: 35 Broker Ref: 23529

Grill'd Townsville, Lease to 3031, Great entry store for a dedicated Owner Operator!

Townsville, QueenslandTake Aways
Asking Price: $200,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Grill'd is an Australian-owned multinational casual dining restaurant chain specialising in burgers.
The chain was initially located in Hawthorn, Melbourne.

The company has 172 locations across Australia and one in Seminyak, Bali, Indonesia.

Grill'd has been proudly serving communities with healthy burgers - 100% natural, fresh and guilt free. Just good food, fast. That's been their focus from day one.

The Willows Shopping Centre is a vibrant community hub and premier destination for retail and dining in Townsville.

It is the only centre in Townsville to house Big W, JB Hi-Fi, TK Maxx, Rebel, Aldi, Coles, Woolworths and 145 specialty traders all under one roof. Willows has something for everyone.

On offer is the Grill'd Willows franchise.

KEY FEATURES INCLUDE:

Current Lease expires July 2029 with a 7 year option

Size is 128m2 + including a small Alfresco seating area

Rent excluding G.S.T. is $8,054 per month + $3,030 per month outgoings

Rent Increases are capped at 3.5% PA

Rental bond is approx. 3 month's Rent and Outgoings

Established and owned by Current Owner since 2021

Great Fit-out - Current and should be okay until 2031

Franchise Entry Cost, including training, is $50,000 + GST
Training will be tailor made to the potential franchisees experience

New Franchise agreement - 5 years + a 5 year option

New Franchisee will be required to obtain a Liquor Licence

Annual Turnover is forecasted at $2,000,000 FY2025.

Trading Hours are daily 10.00am - 9.009m

SAV approximately $25 - 30k

Staffing -Manager, 3 Fulltime PPT, + 27 PT
Staff wages - Approx $11,000 - including manager and superannuation

Potential return to an Owner Operator POA
A working couple or family will realize good returns for their efforts

Bank finance of up to 50% could be available to an approved applicant

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au
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