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Food/Hospitality
CORINDA, QLD
New
Dominos Pizza! Corinda Brisbane! Low Rent! TO $25,500 per week! Suit Owner/Operator!
QLD
Food/hospitality · Restaurant
$545,000 + SAV
Domino's is Australia's undisputed pizza champion, snapping up approximately 50% of the local pizza market and 4.2% of the total fast-food scene. processing over 1.5 million weekly orders via corporate and franchised locations.With 700 stores across Australia, you can find them just about anywhere, mostly run by local franchise owners.A massive 90% of their orders happen online, mostly through their popular app.Dominos stay ahead of the pack by combining cheap value deals with lightning-fast logistics, aiming to get pizza to your door in under 25 minutes. Even with Uber Eats stealing focus, they keep winning through clever tech and fresh menus.The Dominos Corinda franchise is located in a small shopping centre in a popular leafy suburb.KEY FEATURES INCLUDE:Current Lease expires in February 2027 with a new lease currently being negotiated.Rent is a LOW $4,092 per month + GST+ Standard Internal lease liability fee to franchisor - 7% of RentOutgoings - NilAnnual Increases are 3%No rental bondSize is approx. 83m2 + footpath seatingFit out is due, but will be completed to DPE requirement by the current owner prior to settlement. The cost of this is included in the asking priceEstablished over 20 yearsTraining is 8 weeks (1 - 2 weeks in Brisbane, and balance in local training store)Incoming franchisee costs - 2% of contract price + Sub-Franchise Agreement Preparation Fee $5,000 plus GST. Includes Training!Franchise agreement expires December 2026 + 5 year option.Possible for new franchisee to top up or acquire additional term at $5,000 per annum at franchisors discretion at time of lease optionAnnual Turnover was $1,330,000 FY26.Trading Hours are:Sun - Wed 11.00am - 11.00pmThursday 11.00am - MidnightFri - Sat 11.00am - 1.00amSAV approximately $15,000Staffing - Manager + 5 Shift runners + 7 Casuals + 12 Drivers (varies)Owners hours - FulltimeOwner is DownsizingPotential return to an Owner Operator is approx. $160,000 EBIDTA (With control of costs)For more information, please contact:Reg Butler 0438 189 657
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