.
Business Details
Code:
SUB113
Business Type:
Subway Franchise
Area:
Bayside
Established:
2004
Lease:
Expires June 2026 (options neg)
Rent (excl GST):
$5,536 per month
Outgoings - $602 approx per month
Trading Hours:
Generally 7.00am – 9.00pm
No of Staff:
Manager + 1 PPT + 12 Sandwich Artists (Varies)
Vendor Hours:
Nil (Minimal if required)
Approx Turnover(excl GST):
(Approx.) Over $20,000 per week
Reason for Sale: Retiring
      General Information

Subway Franchise - Brisbane Bayside Area! Huge Turnover! Remodeled! EXCELLENT LOW 6.5%

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 now on offer is one of the larger restaurants in the franchise
group.

It is housed in an extremely busy location which is a hub for numerous big name fast-food
eateries. This prominent location should remain popular for years to come.

The business has gained a great reputation in the area and has a strong loyal local
following.

Presently run under management. A new owner / operators will see phenomenal returns for
their efforts. (Please note – franchisors generally expect their new franchisees be
committed owner operators)


Other Business features include:

Business size - 70m2 + Alfresco

Franchise term - new 20 year agreement

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

The store is fully remodeled

Return to a full-time owner operator is in the vicinity of $290,000 EBITDA (FY2021)

Bank Finance up to 60% against the business could be available to approved applicants


For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$875,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


Back Home

 
 
 

  Administration