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Business Details
Code:
RB624
Business Type:
Subway Franchise
Area:
Near CBD
Established:
2007
Lease:
Expires December 2021 with a 5 year option

Rent excluding G.S.T. -

Rent (excl GST):
LOW $5,000 per month

Outgoings only $200 per month approx.
Trading Hours:
Generally 7.00am - 9.00pm

No of Staff:
Manager + 8 Part-timers (varies)
Vendor Hours:
Nil
Approx Turnover(excl GST):
Turnover (Approx.) FY2021 $793,000 (Only 5% 3rd party
deliveries)
Reason for Sale: Semi 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 Subway franchise is located in a small shopping centre with a major tenant. The
business has been relatively unaffected by Covid 19 trading conditions

Due to the high street exposure, and the surrounding residential population and transit
points, this is a potential 24 hour trading location.


Other information:

Franchise term - new 20 year agreement

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

Remodel will be completed prior to settlement

Return to an owner operator is in the vicinity of $170,000 EBITDA (FY2021)

Bank Finance 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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