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Business Details
Code:
RB541
Business Type:
Subway Franchise
Area:
Saint Lucia
Established:
1999
Lease:
Until 31/08/2024 (negotiable options if required)
Rent (excl GST):
$5,224.75 per month

$1,454.38 per month outgoings
Trading Hours:
Trading hours
Mon - Fri 7.30am - 11.00pm
Sat 8.30am - 11.00pm
Sun 9.00am - 11.00pm

No of Staff:
10 Casual Sandwich Artists (varies)
Vendor Hours:
Minimal (if required)
Currently run mainly by capable well trained staff with minimal
supervision. Great potential for hands on operator/s.
Approx Turnover(excl GST):
(Approx.) FY2018/2019 $523,000
Reason for Sale: Distance from home to travel
      General Information

Subway St Lucia Brisbane! Enviable location!

Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since
grown into a multi-billion-dollar business, with approximately 40,000 outlets in 100
countries.

There are presently in excess of 1300 restaurants around Australia. Many new franchises
are sold to existing franchisees which is a positive indication of the success of the
franchise model.


St Lucia is 6 kilometres southwest of the Brisbane CBD and has a population of 12,500
people. The green leafy suburb sits on a peninsula, bounded by a horseshoe bend in the
Brisbane River.

One third of the suburb is occupied by the main campus of The University of Queensland.
The northern side is primarily medium to high density residential including numerous high-
rise apartments on the river-front. The area in the centre and south is mainly low-density
residential. The south-west is occupied by the prestigious Saint Lucia golf links.

St Lucia is mainly a residential suburb and is generally regarded as one of the most
affluent suburbs in Brisbane. For many years it was the third most expensive suburb behind
Hamilton and Ascot.


The franchisee offered is located on tree lined Hawken Drive, where there is a constant
hub of activity, with the main neighbourhood St Lucia shops, and buses merging.


Business features include:

Business size - 85m2 + Alfresco

Rental Bond - Nil

New Franchisee entry costs - Nil

Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to
settlement

Fit-out - Current franchisee will do the latest remodel prior to settlement

Equipment will be sold unencumbered






Return to owner operator is in the vicinity of $120,000 EBITDA profit per year


For more information, please contact:

Reg Butler
0438 189 657

Asking Price:
$399,500
 
For more information, please contact:
Reg Butler on 0438 189 657


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