.
Business Details
Code:
RB609
Business Type:
Subway Franchise
Area:
Childers
Established:
2004
Lease:
Expires 2022 with 2 x 4 year options
Rent (excl GST):
$1,782 per month

Outgoings $300 per month approx.
Trading Hours:
Generally 8.00am 7.30pm (Can expand)
Delivery Run:
No deliveries
No of Staff:
Manager + 7 Part-time Sandwich artists
Vendor Hours:
Nil (Out of town)
Approx Turnover(excl GST):
$740,000 estimate FY2021 (no deliveries)
Reason for Sale: Downsizing
      General Information

Childers is a rural town and locality in the Bundaberg Region, situated on the Bruce
Highway and lies 325 kilometres north of the state capital Brisbane and 52 kilometres
south-west of Bundaberg.

The Isis Highway runs south from the Bruce Highway in Childers, attracting motorists and
tourists as a stopover magnet for the hordes passing through.

Childers came into existence as a service town for the surrounding sugar cane fields.
Today it has thriving sugar cane, avocado, and macadamia nut industries, amongst others.


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.


The Childers Subway franchise is prominently located in an important heritage listed
building on the main highway.


Other business features include:

Size 88m2 + Alfresco outdoor seating
(Inside 8 tables + 16 chairs / Outside 2 tables + 4 chairs)

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 - Owner will to complete prior to settlement

SAV is approximately $8,000

Return to a full-time owner operator is in the vicinity of $160,000 EBITDA

Bank finance is available to approved applicants

For more information, please contact:


Reg Butler
0438 189 657

Asking Price:
450,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


Back Home

 
 
 

  Administration