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Business Details
Code:
RB611
Business Type:
Subway Franchise
Area:
Caboolture area
Established:
2005
Lease:
Expires Dec 2025 + 2 x 5 year options
Rent (excl GST):
$2,920 per month + Outgoings $245 per month
Trading Hours:
Mon Fri 6.30am 8.30am
Sat Sun 8.00am 8.00am
No of Staff:
Manager + 9 casuals (varies)
Vendor Hours:
Nil (Currently run under full management)
Approx Turnover(excl GST):
(Approx.) $16,000 per week (Very minimal deliveries)
Reason for Sale: Downsizing
      General Information

Subway Franchise, Caboolture Region, Remodelled, Low Rent! Long Lease! T/O $16k Per Week!
$200k EBITDA to Owner / Operator!

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 highly visible from multiple directions. It is located in a
strong industrial shopping precinct, easy access and ample parking.


Business features include:

Business size 110m2 + 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 - extensively remodelled in 2020 and should be okay until 2030

Return to an owner operator is in the vicinity of $200,000 EBITDA (FY2021)

Bank finance of up to 60% could be possible to approved applicants.

For more information, please contact:

Reg Butler
0438 189 657






Asking Price:
$599,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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