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Business Details
Code:
RB562
Business Type:
Subway Franchise
Area:
Brisbane Near CBD
Established:
20 years
Lease:
Very long lease - Expires August 2021 + 2 x 5 year options
Rent (excl GST):
$5,174 per month including Outgoings

Trading Hours:
Mon - Fri 7.00am 8.30pm (Could extend)
Saturday 8.00am - 8.00pm
Sunday 9.00am - 7.30pm
No of Staff:
Managers + 7 Casuals
Vendor Hours:
Nil
Approx Turnover(excl GST):
FY 2020 $700,000
Reason for Sale: Scaling Down
      General Information

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

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

The suburb has many mid - high-rise apartment buildings. Very close to public transport
entry point, notable eatery location.

Customers are drawn from locals, students, tradies, commuters, office workers -
everyone!!!

The franchise offered is located in the thick of the action.


Business features include:

Business size - 70m2 + Alfresco tables + seats

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 - Remodel due! Owner will do with cost added to asking price!

Equipment will be sold unencumbered

Currently run under management, great potential for hands on operator/s.

Reason for selling - Scaling down

Return to owner operator is in the vicinity of $170,000 EBITDA FY2020

Asking price is $469,000 fully remodelled + SAV


For more information, please contact:


Reg Butler
0438 189 657
Asking Price:
$399,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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