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Business Details
Code:
SUB111
Business Type:
Subway Franchise
Area:
Darwin
Established:
2017
Lease:
Expires January 2028 with 3 x 5 year options
Rent (excl GST):
$8,579 + $60 outgoings per month
Trading Hours:
Daily 7.00am - 9.00pm
No of Staff:
Manager, Asst Manager + 13 Part-timers (varies)
Staff Hours Per Week:
Generally 7.00am – 9.00pm (Could extend)
Vendor Hours:
Nil
Approx Turnover(excl GST):
(Approx.) FY2021 $950,000
Reason for Sale: Downsizing
      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.


Business features include:

Franchise term - new 20 year agreement

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

Return to an owner operator is in the vicinity of $200,000 EBITDA (FY2021)

For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au

Asking Price:
$599,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657

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