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Business Details
Code:
RB574
Business Type:
Subway Franchise
Area:
Lismore
Established:
2007
Lease:
New 5 year lease on offer by the landlord
Rent (excl GST):
$5,000 per month (great for this key location)

Outgoings excluding G.S.T. - $930 per month approx.
Trading Hours:
Mon - Fri 9.00am – 5.30pm (Thurs 8.00pm)
Saturday 9.00am - 4.30pm
Sunday 10.00am - 3.00pm
No of Staff:
8 casuals (varies)
Vendor Hours:

Owners hour - 20 hours
Approx Turnover(excl GST):
Turnover (Approx.) FY2020 $590,000
Reason for Sale: Reason for selling - Other interests
      General Information

The SUBWAY® restaurant chain is the world's largest submarine sandwich franchise, with
more than 31,500 locations in 91 countries. Headquartered in Milford, Connecticut, and
with regional offices in Amsterdam, Beirut, Brisbane, Miami, and Singapore, the SUBWAY®
chain was founded in 1965.

Australia is the SUBWAY® brand's largest market outside North America, with more locations
(over 1300) than any other chain.


Lismore is a city in north-eastern New South Wales and the main population centre in the
City of Lismore local government area with a population of 28,700.

Lismore is located 734 km north of Sydney, 200 km south of Brisbane and 46 km south-west
of Byron Bay

It is also a regional centre in the Northern Rivers region of the State.

Lismore Shopping Square is the Northern River's biggest shopping centre and offers fully
air-conditioned comfort and city style shopping with country service.
They are the home to over 75 specialty retailers and four major stores (Woolworths, Big W,
Coles, KMart), as well as the Lismore Car Boot Markets.


Business features include:

Business size - 59m2, situated on the outer side of a large food-court


No rental bond


New Franchisee entry costs - $7,500 + GST

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

Fit-out - due (Cost is covered)

SAV $4,500

Remote monitoring

Return to a full-time owner operator is in the vicinity of $130,000 EBITDA (Based on the
FY2019 trading year)

For more information, please contact:

Reg Butler
0438 189 657

Asking Price:
$60,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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