.
Business Details
Code:
RB576
Business Type:
Subway Franchise
Area:
Helensvale Westfield
Established:
10 years
Lease:
until late 2025
Rent (excl GST):
$6,205 per month + $1,100 outgoings per month. Great for a
Westfield with what it has to offer. Guaranteed foot traffic!
Trading Hours:
Daily 8.00am – 5.30pm (9.00 pm on Thursday)
No of Staff:
Manager + 12 casuals (varies)
Vendor Hours:
Nil
Approx Turnover(excl GST):
Annual Turnover for FY2021 expected to be in the vicinity of
$750,000
Reason for Sale: Multistore owner rationalizing within the brand
      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.

Westfield Helensvale is located in a thriving growth corridor of South East Queensland, 25
kilometres north-west of Surfers Paradise and 62 kilometres south of Brisbane.
Strategically located at the junction of two major highways, the centre can be accessed
easily by the trade area population of 335,000 residents.

Westfield Helensvale is home to Kmart, Target, Coles, Woolworths and ALDI as well as a
selection of approximately 180 specialty retail stores.

The franchise offered is located in the centre’s main food court. No tables and chairs to
worry about. Low energy costs!


Business features include:

Business size - 42m2 + on-location storage

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

Remodel was done in September 2019

Equipment will be sold unencumbered

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

Return to owner operator is in the vicinity of $175,000 EBITDA (FY2021)

Finance of up to 50% against the business could be available to approved applicants


For more information, please contact:


Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$399,000 + SAV
 
For more information, please contact:
Reg Butler on 0438189657


Back Home

 
 
 

  Administration