Dominos Pizza! Cameron Park, Newcastle! TO $37,000 per week, Lease to 2037, Low Rent, Remodelled!
Dominos Pizza! Cameron Park, Newcastle! TO $37,000 per week, Lease to 2037, Low Rent, Remodelled!
Industry :
Food/HospitalitySub Industry :
RestaurantThe first Domino's store to open in Australia was in Springwood, Queensland, in 1983, and offered home delivery after home delivery was introduced into Australia by the Pizza Oven Family Restaurants located at multiple sites all over the southside of Brisbane. The Australian and New Zealand Master Franchise was bought by Silvio's Dial-a-Pizza in 1993. In 1995, the two brands merged and rebranded as Domino's Pizza.
Currently, there are around 700 Domino's stores in Australia, making it the biggest pizza franchised business in the country.
This Dominos franchise is located in one of the regions fastest growing suburbs with a population of approx. 16,500 people. It is considered and extremely desirable region with numerous recreational facilities and very family orientated.
There are several other nearby operators, cementing the location as a gravitational foodie area.
KEY FEATURES INCLUDE:
Current Lease expires October 30th 2027 with 2 x 5year options
Size is 130m2
Fit out - will be completed by the current owner prior to settlement
Rent excluding G.S.T. is $4,583 per month + NO outgoings
No rental bond
Established in 2017
Franchise agreement expires 26th October 2027. Possible to top up at $5,000 per annum at the discretion of the franchisor
Annual Turnover was $1,850,000 FY24. The business is trading approx. 3% up at the time of posting
Trading Hours are:
(Sun - Thurs) 11.00am 10.00pm
(Fri - Sat) 11.00am 1100pm
SAV approximately $12,000
Training is 8 weeks (1 - 2 weeks in Brisbane, and balance in local training store)
Estimated cost to incoming franchisee - $20,000 training + $5,000 admin / franchisor legals)
Staffing -3 FT + 20 casuals (varies). Run under full management
Owner is selling to retire
Return to an Owner Operator is approx. $204,000 EBIDTA (FY24). This includes the new owner replacing the manager.
For more information, please contact:
Reg Butler / Glenn Robertson
0438 189 657 / 0408 449 747
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If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
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$888,000 + SAV
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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