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Business Details
Code:
RB590
Business Type:
Subway Franchise
Area:
Brisbane Northside
Established:
15 years
Lease:
Expires Sept 2026 + 2 x 5 year options


Rent (excl GST):
$3,655 per month

Outgoings - Nil
Trading Hours:
Daily - between 7.00am 9.00pm
No of Staff:
14 Sandwich artists
Vendor Hours:
Nil (Unless required)
Approx Turnover(excl GST):
FY2021 - $830,000 estimate
Reason for Sale: Retirement
      General Information

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.

This Subway franchise is located in a popular suburban shopping centre with major road
access.


Business features include:

Business size - 77m2 + 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 Store will be extensively remodelled prior to settlement (cost approx. $130K)

Turnover (Approx.) $17,000 per week

Return to a full-time owner operator is in the vicinity of $140,000 EBITDA (based on a
$17,000 per week sales level, with benchmarks being achieved)

For more information, please contact:

Reg Butler
0438 189 657

Asking Price:
$450,000 + SAV
 
For more information, please contact:
Reginald Butler on 0438189657


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