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Restaurants for Sale in Durack, QLD

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DURACK, QLD
New
QLD
$475,000 + 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 Durack franchise is located in a mid sized shopping centre in popular solid working-class Durack.KEY FEATURES INCLUDE:Current Lease expires in April 2029 with 2 x 5 year options (Until 2039)Rent is a reasonable $5,799 per month + GST+ Standard Internal lease liability fee to franchisor - 7% of RentOutgoings - $1,432 + GST per MonthAnnual Increases are 3%No rental bondSize is approx. 101m2Fit 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 2017Training 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 2027 + 5 year option (Cost to new franchisee $25,000 + GST).Possible for new franchisee to top up or acquire additional term/s at $5,000 per annum at franchisors discretion at time of lease optionAnnual Turnover was $1,151,044 FY26.(Current sales are $21,400 per week. This store once did $25,000 per week +)Trading Hours are:Sun - Wed 11.00am - 11.00pmThurs - Sat 11.00am - 12 midnightSAV approximately $12,000Staffing - 5 Shift runners + 3PPT + 12 CasualsOwners hours - Nil - Unless requiredOwner is selling due to health related issues and not able to focus on the businessPotential return to an Owner Operator is approx. $110,000 - $130,000 EBIDTA (With control of costs in line with Benchmarks)For more information, please contact:Reg Butler 0438 189 657