.
Business Details
Code:
RB556
Business Type:
Subway Franchise
Area:
Mt Gravatt area
Established:
20 + years
Lease:
Expires March 2026
Rent (excl GST):
$3,789.37 + $756 per month Outgoings
Trading Hours:
Primarily 8.00am 9.00pm
No of Staff:
Owners + 8 casuals (varies)
Vendor Hours:
Combined Approximately 40 hours
Approx Turnover(excl GST):
2020 July - Dec $400,200 (6 months)

2019/2020 $650,000

Good growth, showing annual increases
Reason for Sale: Retirement
      General Information

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

The suburb is approximately 7 kilometres from the Brisbane CBD, and considered an
upmarket, desirable suburb, surrounded by well established housing estates

The franchisee offered is located on a busy major thoroughfare road, in a high trading
shopping centre, amid other drawcard tenants.


Business features include:

Business size - 70m2 + Alfresco

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

Seller is prepared to remodel the store prior to settlement, and add the $30,000 expected
cost onto the asking price.

Equipment will be sold unencumbered

SAV - $7,000 estimated

Return to owner operator is in the vicinity of $180,000 EBITDA

Asking price:
$555,000 + SAV - as is!
$585,000 + SAV - Remodelled!


For more information, please contact:

Reg Butler
0438 189 657
Asking Price:
$ 555,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


Back Home

 
 
 

  Administration