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Business Details
Code:
RB634
Business Type:
Subway Franchise
Area:
GC Mid area
Lease:
Expires June 2023 with 3 x 5 year options

Rent (excl GST):
a modest $3,545 per month

Outgoings excluding G.S.T. - $817 per month approx.
No of Staff:
Trading hours
Generally 7.00am - 9.00pm
Staff Hours Per Week:
Staffing - Manager + 10 Part-timers (varies)
Vendor Hours:
Owners hour - Part time
Approx Turnover(excl GST):
(Approx.) FY2021 $600,000 (Only 15% 3rd party deliveries)
Reason for Sale: Retirement
      General Information

Summary
Subway Franchise, Gold Coast Christine Corner, Potential 24 Hour Site, Remodelled

About the Business
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 located in a small shopping centre with major exposure. The
business has been relatively unaffected by Covid 19 trading conditions

Due to the high traffic volume in the vicinity, this is a potential 24 hour trading
location (tbc).

Franchise term - new 20 year agreement

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

Remodel has recently been completed

SAV approximately $6,000

Return to an owner operator is in the vicinity of $150,000 EBITDA (FY2021 with control of
costs)

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


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