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Business Details
Code:
RB596
Business Type:
Subway Franchise
Area:
Brisbane Bayside
Established:
25 years +
Lease:
Expires mid 2023 + 5 year option (verbally agreed)
Rent (excl GST):
Rent excluding G.S.T. - $5,306 per month

Outgoings excluding G.S.T. - $376 approx
Trading Hours:
generally 7.00am – 9.00pm
No of Staff:
Manager + 12 Sandwich Artists (Varies)
Vendor Hours:
Nil
Approx Turnover(excl GST):
$892,000 FY2021
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 iconic well established Subway franchise is located in an extremely busy shopping
precinct, 20 km from the Brisbane CBD.

Great roadside exposure - cannot but not notice when passing by!

Hungry permanent work force nearby. This is unlikely to change for years.



Business features include:

Business size - 92m2

Franchise term - new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to
settlement

Remodel – Remodel is due and $100,000 has been discounted from the normal price to
accommodate this.

SAV approx. $7,000

Return to a full-time owner operator is in the vicinity of $190,000 EBITDA (FY21)

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

For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au

Asking Price:
$480,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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