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Business Details
Code:
SUB116
Business Type:
Subway Franchise
Area:
Gympie Highway
Established:
2010
Lease:
Expires February 2025 + 3 x 5 year options

Rent (excl GST):
$3,265 per month

Outgoings $600 per month
Trading Hours:
Range daily 7.00am - 9.00pm
No of Staff:
11 Part-timers (varies)
Vendor Hours:
Nil (Currently run under full supervision)
Approx Turnover(excl GST):
FY21 (Approx.) $1,075,000 (operating on reduced hours during
Covid)
Reason for Sale: Downsizing / Semi-retirement
      General Information

Subway Franchise, Gympie, Bruce Highway location, $1m turnover, Long Lease, Low Rent!

About the Business
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

Remodelled

SAV approximately $10,000

Return to an owner operator is in the vicinity of $200,000 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 historical ambience and gold fields.

About 30 minutes' drive east of Gympie is Tin Can Bay, and 45 minutes drive is Noosa on
the Sunshine Coast.
Asking Price:
$625,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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