.
Business Details
Code:
RB626
Business Type:
Subway Franchise
Area:
Burleigh Heads
Established:
20 years +
Lease:
Expires 31st December 2023 with an agreed 3 year option

Rent (excl GST):
$2,917 per month

Outgoings $1,182 per month approx.
Trading Hours:
Generally 8.30am - 8.00pm
No of Staff:
Staffing - 14 casuals (varies)
Vendor Hours:
Owners hour - Nil
Approx Turnover(excl GST):
(Approx.) FY2021 $530,000 (8% 3rd party deliveries)
Reason for Sale: Relocating
      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 Subway franchise is located in the hub of local and tourist activity.

Due to the high street exposure, and the surrounding high-rises, this is a potential 24
hour trading location.


Business features include:

Franchise term - new 20 year agreement

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

Remodel due Estimated cost $75 - $100k

Return to an owner operator is in the vicinity of $105,000 EBITDA (FY2021)

Asking $150,000 + SAV as is
Or, if preferred, $250,000 fully + SAV fully remodelled

For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au


Asking Price:
$150,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


Back Home

 
 
 

  Administration