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Business Details
Code:
RB607
Business Type:
Subway Franchise
Area:
St Lucia
Established:


1999

Lease:
Expires 2024 with additional options or new lease Neg
Rent (excl GST):
Rent excluding G.S.T. - $5,433 per month

Outgoings excluding G.S.T. - $1,454 /month Approx.
Trading Hours:
Generally 7.30am – 11.00pm
No of Staff:
10 Sandwich Artists (Varies)
Vendor Hours:
Nil
Approx Turnover(excl GST):
$554,000 FY2021
Reason for Sale: Distance to travel
      General Information

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 in an extremely attractive leafy location, which is a hub for the
St Lucia tradies, residents and students in the region. The bus station is very close to
the highly visible store’s front door.


Business features include:

Business size – 85m2 + Alfresco seating

Franchise term - new 20 year agreement

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

Remodel – The could be fully remodeled at settlement – if required!

Return to a full-time owner operator is in the vicinity of $124,000 EBITDA

Price is $350,000 + SAV (as is)

or $499,000 + SAV fully remodelled!


For more information, please contact:

Reg Butler
0438 189 657
Asking Price:
350,000 + SAV
 
For more information, please contact:
Reg Butler on 0438189657


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