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
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