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Business Details
Code:
RB637
Business Type:
Subway Franchise
Area:
GC Mid region
Established:
Operated in this location for many years! Well known!
Lease:
Expires March 2027 (Centre does not give options)
Rent (excl GST):
Rent excluding G.S.T. - $7,437 per month
Outgoings excluding G.S.T. - $1,300 per month
Trading Hours:
Daily 8.00am – 5.30pm (Thur 9.00pm)
No of Staff:
Staffing – Manager +12 Sandwich artists (Varies)
Vendor Hours:
Nil operationally
Approx Turnover(excl GST):
(Approx.) $17,000 per week average under normal circumstances
(2% minimal 3rd Party Delivery)
Reason for Sale:
Rationalizing
      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.


The Subway franchise is located in a major suburban shopping centre with great major road
visibility, easy entry, and good parking. This is a local hub!


Business features include:


Business size - 60m2 + 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

SAV approximately $8,000

Fit-out – Completed 2021

Reason for selling -

Potential return to a full-time owner operator is in the vicinity of $200,000 EBITDA
(based on a $900,000 per annum sales level)

Finance of up to 60% may be available to approved applicants

For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$499,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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