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Business Details
Code:
RB587
Business Type:
Subway Franchise
Area:
Cairns region
Established:
2005
Lease:
Expires July 2024 (Centre does not give options)
Rent (excl GST):
$4,600 + Outgoings excluding G.S.T. - $1,200 per month
Trading Hours:
Trading hours
Mon - Fri 8.00am 8.30pm
Saturday 8.30am - 5.00pm
Sunday 8.30am - 5.00pm
(Could extend)
Delivery Run:
Nil
No of Staff:
3 full time + 12 casuals (varies)
Vendor Hours:
Nil - out of town!
Approx Turnover(excl GST):
(Approx.) $19,000 per week
Reason for Sale: Downsizing
      General Information

Subway Franchise, Cairns region, Fully Remodelled, T/O $19k per week!

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
countries.

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
franchise model.


The Subway franchise is located in a regional shopping centre with a major supermarket as
an anchor tenant.


Business features include:

Business size - 90m2 + 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

Fit-out - extensively remodelled in 2020 and should be okay until 2030

Return to an owner operator is in the vicinity of $180,000 EBITDA (based on a $19,000 per
week sales level, with benchmarks achieved)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au


Asking Price:
$395,000 + SAV
 
For more information, please contact:
Reg Butler on 0438189657


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