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Business Details
Code:
RB620
Business Type:
Subway Franchise
Area:
Near Burleigh
Established:
2014
Lease:
Expires March 2026 (Option 5 years Neg)

Rent (excl GST):
$2,292 per month

Outgoings $225 per month
Trading Hours:
Range daily 8.00am - 6.00pm (possible to increase for breakfast
and dinner trade)
No of Staff:
Manager + 6 casuals (varies)
Vendor Hours:
Nil (Currently run under full management)
Approx Turnover(excl GST):
Turnover (Approx.) $7,000 per week
Reason for Sale: Downsizing / Relocating
      General Information

Subway Franchise, Gold Coast central area, Nice rural setting, Low rent, Suit owner /
operator!

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 in a small regional shopping centre, pivotal to the area.

New Franchisee entry costs - Nil

Franchise term - new 20 year agreement

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

Remodel due mid 2022

Return to an owner operator is in the vicinity of $90,000 EBITDA (based on a $7,000 per
week sales level, with benchmarks achieved)

Price is $149,000 + SAV (as is)
Or $199,000 + SAV (fully remodelled)


For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au



N.B. This business is not suitable to be run under management

N.B. This business is not suitable for 491 Visa purposes

Asking Price:
$149,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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