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Business Details
Code:
RB582
Business Type:
Subway Franchise
Area:
Brisbane Northern
Established:
Within the last 10 years
Lease:
expires 26/06/2022 with 3 x 5 year options
Rent (excl GST):
LOW Rent is $3,250 per month + $500 per month outgoings
Trading Hours:
Between 7.00am – 8.00pm (could extend)
No of Staff:
Supervisor + 11 casuals (varies)
Vendor Hours:
Nil - unless required!
Approx Turnover(excl GST):
Estimated to be $710,000 for FY2021
Reason for Sale: Owners retiring
      General Information

The Subway franchise is located in a northern suburb approximately 12 km north of
Brisbane. It is a community split between residential and industrial land usage, the
latter being attracted by the accessibility of local transport.

The area is progressively becoming a commercial hub due to its connection to the Gateway
Motorway.

The Subway sandwich restaurant chain was founded in the USA, in 1965. The company has
since grown into a multi-billion dollar business, with more than 36,000 outlets in 100
countries. Wherever the restaurants are located, the basic menu stays almost the same.

The first restaurant opened in Australia during 1988. Australia is the group’s largest
market outside North America, with more locations than any other chain.

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 Subway outlet is prominently located on a busy road, with plenty of favored "grab and
go" parking. Excellent for passing travellers and tradies.


FEATURES INCLUDE:

Size is 100m2 + alfresco seating

Excellent catering location - can expand considerably!

Training 3 weeks in Brisbane

New 20 year Franchise agreement

Will include the latest fit-out

Financials available!

Approximate return to full time Owner / Operator is in the vicinity of $140,000 (FY2021)
EBITDA. Subject to benchmarks being reached!


For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$450,000 + SAV
 
For more information, please contact:
Reg Butler on 0438189657


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