Business Details
Business Type:
Subway Franchise
Victoria Point
Lease expires 16th August 2023. This centre does not give
options. The franchisor currently carries the head lease and
there is usually not an issue renewing.

Rent (excl GST):
Rent is $4,950 per month + $390 per month outgoings

Trading Hours:
Mon - Fri 8.00am - 5.00pm (Thurs 8.30pm)
Saturday 8.00am - 4.30pm
Sunday 9.00am - 3.30pm

(Currently 9.00am - 5.00pm. No late nights)
Approx Turnover(excl GST):
(Approx.) FY 2019 $350,000
Reason for Sale: Too small for current multistore owners to bother with
      General Information

The sandwich restaurant chain was founded in the USA, in 1965.

The company has since grown into a multi-billion-dollar business, with more than 40,000
outlets in 100 countries.

This Subway kiosk is located conveniently outside of Woolworths in the main through-fare.
There is also a small, dedicated eating area.

Rental Bond / Guarantee - 2 Months

Remodel due in line with the lease (tbc). Signage will need to be done soon, cost approx.

New 20 year Franchise Term

SAV approximately $4,000

Return to an owner operator before wages was approximately $120,000. (FY 2019) Buyer will
need to determine their own staffing requirements

The business needs a committed owner operator (Not suitable for non-residents)

ASKING PRICE is $27,500 and includes the $8,250 franchisor transfer fee

Potential buyers will also need to demonstrate to the franchisor that they have 20,000
initial working capital

The business is suitable to a full-time working owner/operator with minimal staffing

Limited financial data. More suited to a cash buyer.

If this is for you, please contact:

Reg Butler
0438 189 657

Victoria Point Shopping Centre is located on the corner of Bunker & Cleveland-Redland Bay
Roads, Victoria Point. It has 1,332 Parking Spaces and 99 Specialty Shops

Major Tenants include K Mart, Coles, Woolworths. Mini-Major Tenants include Best & Less,
Terry White Chemists, The Reject Shop.

The centre also houses Australia Post and many bank branches.

There are plenty of reasons for people to visit the centre.
Asking Price:
$27,000 + SAV
For more information, please contact:
Reg Butler on 0438 189 657

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