.
Business Details
Code:
RB585
Business Type:
Subway Franchise
Area:
Southern Gold Coast
Established:
15 years
Lease:
Expires March 2024. This centre does not give options!
Rent (excl GST):
$6,855 + $855 outgoings + $353 promotions levy per month
Trading Hours:
Mon - Sat 9.00am 5.00pm (Thurs 8.00pm)
Sunday 10.00 - 4.00pm
No of Staff:
3 Part-timers + 8 casuals (varies)
Vendor Hours:
Currently run under supervision, great potential for hands on
operator/s.
Approx Turnover(excl GST):
approximately $520,000
Reason for Sale: Downsizing
      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.


This suburb has many mid - high-rise apartment buildings, shoppers and tradies.

The franchise offered is located in a very busy, well known shopping centre food court.
Business well established and known in the area

The business is suitable for AUST and NZ Citizens and Permanent Residents.

Business size - 57m2

Rental bond - 3 months rent

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

Fully Remodeled in 2020

Equipment will be sold unencumbered

SAV approx. $5,000

Reason for selling - Scaling down

Return to owner operator is in the vicinity of $100,000 EBITDA FY2019

Asking price is $125,000 + SAV ($5,000 estimated)

Prefer CASH buyer! (This business is suitable for Australian and NZ citizens, and current
Permanent Residents only)


For more information, please contact:


Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$125,000 + SAV
 
For more information, please contact:
Reg Butler on 0438189657


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