Dominos Pizza! Bowen! TO $950,000, Long lease to 2046, Green / coastal change! Suit owner operator!
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 an idyllic rural coastal town, situated between Mackay and Townsville. The area is very family orientated, catering to tourism and agriculture.
KEY FEATURES INCLUDE:
Current Lease expires July 2030 with 3 x 5 year options
Rent is $2,880 per month and $1,205 per month outgoings
Size is 56m2
Fit out - Current until late 2027
No rental bond
Established in November 2017
Training is 8 weeks (1 - 2 weeks in Brisbane, and balance in local training store)
Estimated cost to incoming franchisee - 2% of Contract (Purchase) Fee + GST $5,000 + GST admin / franchisor legal + $25,000 + GST Training
Franchise agreement expires May 2029 + 5 year options. Possible to top up at $5,000 per annum at franchisors discretion
Potential return to an Owner Operator is approx. $130,000 EBIDTA (FY25) (Assumes new franchisee replaces the current manager and controls wages within benchmarks)
Or $190,000 to a fulltime working couple