AD ID: 126223

Dominos Pizza Business for Sale Newcastle NSW

Location:

NSW

Asking:

$888,000 + SAV

Type:

Retail-Food Takeaways / Hospitality-Restaurants

TO $37,000 per week, Lease to 2037, Low Rent

Why buy this Dominos Pizza Business

Dominos Pizza Business for Sale Newcastle NSW Asking: $888,000 + SAV

The 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 other nearby fast food operators, cementing the location as a foodie area.

KEY FEATURES INCLUDE:

Current Lease expires October 30th 2027 with 2 x 5year options

Size is 130m2 + alfresco seating

Fit out - will require a minor remodel within the next 2 years (cost approx. $80,000 tbc)

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