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Business Details
Code:
RB629
Business Type:
Subway Franchise
Area:
Redlands Shire
Established:
2004
Lease:
Expires June 2026
Rent (excl GST):
$5,033 per month

Outgoings excluding G.S.T. - $575 approx
Trading Hours:
generally 7.00am - 9.00pm
No of Staff:
Manager + 1 PPT + 12 Sandwich Artists (Varies)
Vendor Hours:
Nil (Minimal if required)
Approx Turnover(excl GST):
$1,060,000 FY 2021(Low 10% 3rd Party Deliveries)
Reason for Sale: Retirement
      General Information

Subway - Brisbane Bayside area! Huge turnover! Remodeled! EXCELLENT LOW 6.5% RENT!

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 now on offer is one of the larger restaurants in the franchise
group.

It is housed in an extremely busy location which is a hub for numerous big name fast-food
eateries. This prominent location should remain popular for years to come.

The business has gained a great reputation in the area and has a strong loyal local
following.

Presently run under management, owner operators will see phenomenal returns for their
efforts. (Please note - franchisors generally expect their new franchisees be committed
owner operators)


Other Business features include:

Business size - 70m2 + Alfresco

Franchise term - new 20 year agreement

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

The store is fully remodeled

Return to a full-time owner operator is in the vicinity of $290,000 EBITDA (FY2021)

Bank Finance up to 60% against the business could be available to approved applicants


For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$875,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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