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Business Details
Code:
RB623
Business Type:
Subway Franchise
Area:
Kedron
Established:
20 years +
Lease:
Expires March 2023 with negotiable options

Rent (excl GST):
$4,554 per month

Outgoings $904 per month
Trading Hours:
Mon - Sat 7.00am – 9.30pm
Sunday 7.00am – 9.30pm

No of Staff:
Manager + 8 Casuals (varies)
Vendor Hours:
Nil
Approx Turnover(excl GST):
(Approx.) FY2021 $760,000
Reason for Sale: Out of state owner
      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 on the main highway, in a small shopping centre,
recognized as a popular convenient fast food stop.


Other information:

Franchise term - new 20 year agreement

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

Remodel due

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

For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au


Kedron is situated on Gympie Road and Kedron Brook, 7 km from the Brisbane CBD.
It is an inner-northern suburb that neighbours the popular leafy suburbs of Stafford,
Chermside, Wavell Heights, Wooloowin, Lutwyche, and Nundah.
Asking Price:
$450,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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