Dominos Pizza! Fletcher Village, Newcastle area! TO $32,500 per week, Remodelled!
Dominos Pizza! Fletcher Village, Newcastle area! TO $32,500 per week, 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 a high growth area with a population of approx. 16,400 people. It is considered and extremely desirable region with numerous recreational facilities and very family orientated.
This store is located in a convenient local shopping centre.
KEY FEATURES INCLUDE:
Current Lease expires April 2026 with no options. Lease is currently being negotiated and should not be a problem.
Size is 85m2 + alfresco seating
Fit out - will be completed by the current franchisee prior to settlement
No rental bond
Established in 2018
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)
Franchise agreement expires June 2028 with NO options. Possible to top up at $5,000 per annum at franchisors discretion
Annual Turnover was $1,685,000 FY24. The business is trading approx. 2% up at the time of posting
Trading Hours are:
(Sun - Thurs) 11.00am 10.00pm
(Fri - Sat) 11.00am 1100pm
SAV approximately $12,000
Staffing -3 FT + 20 casuals (varies)
Owner is selling to retire
Return to an Owner Operator is approx. $210,000 EBIDTA (FY24) (Assumes new franchisee replaces the current manager)
For more information, please contact:
Reg Butler 0438 189 657
Glen Robertson 0408 449 747
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$790,000 + SAV
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These include:
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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!
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