.
Business Details
Code:
RB591
Business Type:
Subway Franchise
Area:
Redcliffe Peninsular
Established:
2013
Lease:
Expires late 2023 (Landlord has verbally indicated that a 5
year extension is possible)
Rent (excl GST):
$5,934 per month

Outgoings $760 approx
Trading Hours:
Generally 7.00am 9.30pm
No of Staff:
12 Sandwich artists
Vendor Hours:
Part-time (25 hours)
Approx Turnover(excl GST):
(Approx.) $17,000 per week
Reason for Sale: Other interests
      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.


Redcliffe Peninsula is approximately 27 km NE from the Brisbane CBD and is home to over
55,000 residents.

The area covers the suburbs of Clontarf, Kippa-Ring, Margate, Newport, Redcliffe,
Rothwell, Scarborough and Woody Point.

As a result of its beaches as well as its coastal, fishing and recreational amenities, the
Redcliffe Peninsula is a popular recreational destination within the Brisbane metropolitan
area.


This Subway franchise is located in a popular suburban shopping centre which is a hub for
the residents on the peninsular.

Business features include:

Business size - 58m2 + 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

Fitout -remodelled

SAV approximately $8,000

Return to a full-time owner operator is in the vicinity of $155,000 EBITDA (based on a
$17,000 per week sales level, with benchmarks being achieved)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au
Asking Price:
310,000 + SAV
 
For more information, please contact:
Reginald Butler on 0438189657


Back Home

 
 
 

  Administration