.
Business Details
Code:
RB599
Business Type:
Subway Franchise
Area:
Redland Bay
Established:
2011
Lease:
June 2023 + 2 x 5 year options (Neg)
Rent (excl GST):
$2,600 approx.
Trading Hours:
Mon - Tue 7.00am - 8.00pm
Wed - Thur 7.00am - 8.30pm
Fri - Sat 8.00am - 9.00pm
sunday 8.00am - 8.00pm


No of Staff:
Manager + 10 casuals (Varies)
Vendor Hours:
Nil
Approx Turnover(excl GST):
$600,000 Estimated
Reason for Sale: Retirement
      General Information

Redland Bay is a township some 25km from Logan and 35 km south-east of Brisbane. In the
2011 census, Redland Bay recorded a population of 13,624 people.

Redland Bay has remained a farming and fishing-based area until the mid-20th century when
some of the farms were subdivided and improved transport infrastructure made it possible
for residents.

The township has long been the port for vessels plying the bay islands including, Russell
Island, Macleay Island, Karragarra Island, Lamb Island and North Stradbroke Island, home
to several thousand residents enjoying an idyllic, sub-tropical lifestyle.


The Franchisor is one of the world's most recognized sandwich franchise brands with
approximately 1,300 stores in Australia

The Franchise offered is situated in a modern, suburban shopping centre Great guaranteed
passing traffic! The sandwich franchise occupies a key spot within that centre

Store size is a manageable 72m2 with an alfresco seating area. Great to sit there and
watch the world go by...

Price includes full remodel

SAV is approx. $6,000

Staff Weekly Wages Approx. $2,950 (including Manager)

Approx Return to Owner/Operator $130,000 FY2021 EBITDA

Full financials available

For more information, please contact:
Reg Butler
0438 189 657
reg@brokers.net.au
Asking Price:
$ 299,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


Back Home

 
 
 

  Administration