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 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
