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Business Details
Code:
SUB117
Business Type:
Subway Franchise
Area:
Gympie City
Established:
2005
Lease:
Expires June 2024 + 2 x 5 year options

Rent (excl GST):
$3,868 per month

Outgoings $43 per month
Trading Hours:
Range daily 7.30am - 8.00pm


No of Staff:
Manager + 9 casuals (varies)
Vendor Hours:
Nil (Currently run under full management)
Approx Turnover(excl GST):
FY21 $685,000 (operating on reduced hours and closed Sundays
for most of the year)
Reason for Sale: Downsizing / Semi-retirement
      General Information

Subway Franchise, Gympie City, Nice Rural Setting, Low Lease, Low Rent, Suit Owner /
Operator!

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 regional shopping centre, located on the main
street, in the thick of the action. Great visibility!


Business features include:

Franchise term - new 20 year agreement

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

Remodelled

SAV approx. $7,000

Return to an owner operator is in the vicinity of $125,000 EBITDA (FY2021 normalized
trade, with benchmarks achieved)

For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au


Gympie is a city about 170 kilometres north of Brisbane in the Wide Bay-Burnett District.
It has a population of 21,000.

Gympie is famous for its gold fields.

About 30 minutes' drive east of Gympie is Tin Can Bay. Noosa on the Sunshine Coast is 45
minutes drive
Asking Price:
$395,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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