Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since
grown into a multi-billion-dollar business, with approximately 38,000 outlets in 106
There are presently in excess of 1,300 restaurants in Australia. Many new franchises are
sold to existing franchisees which is a positive indication of the success of the
Subway 344 Queen Street is conveniently located in the heart of Brisbane’s premier office
precinct, considered as “The Golden Triangle”.
The Subway franchise is located prominently on the ground floor, and is in close proximity
to all public transport options (bus, train and ferry), while also being near the Queen
Street Mall, and Eagle Street Pier.
344 Queen Street is surrounded by numerous amenities and financial institutions,
servicing a massive pedestrian traffic flow, literally walking past the welcoming front
The business is set to benefit with an imminent high rise (26 storey) development (new
construction) next door, which will see 100’s of tradespeople, traditionally with huge
appetites, working on the project.
Business features include:
Business size - 90m2 + Alfresco
Rent excluding G.S.T. - $10,000 per month (great for this key location)
Outgoings excluding G.S.T. - $350 per month
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
Fit-out - extensively remodelled in 2020 and should be okay until 2030.
SAV approx. $7,000
Turnover (Approx.) $16,500 per week pre Covid-19 and fast returning back to this level.
Projected growth on top of this is considerable with the commencement of the neighbouring
new high-rise construction
Catering turnover is potentially huge to a motivated operator, given the proximity to
10,000's of office workers
Return to an owner operator is in the vicinity of $140,000 EBITDA (based on a $16,000 per
week sales level, with benchmarks achieved)
For more information, please contact:
0438 189 657