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Business Details
Code:
SUB3102
Business Type:
Subway franchise
Area:
GC Northside
Established:
20 years
Lease:
Until 2028 + 2 x 7 years
Rent (excl GST):
$6,673 per month
Trading Hours:
Generally 6.30am to 8.30am
No of Staff:
Manager + 15 casuals
Vendor Hours:
Nil
Approx Turnover(excl GST):
FY 2021 $885,000
Reason for Sale: Owner keen to move on
      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 iconic well established Subway franchise is in an extremely busy hub area boasting
shops, industrial complexes, big box retailers, schools, hospitals – the lot!

Great roadside exposure – adverting in itself!

Hungry permanent work force nearby. This is unlikely to change for years.



Business features include:

Franchise term - new 20 year agreement

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

Remodel – Due and expected to cost $120,000 - $160,000 tbc

SAV approx. $8,000

Return to a full-time owner operator is in the vicinity of $190,000 EBITDA (Normalized
FY21)

Price is $150,000 + SAV – “as is” Not remodelled!



For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$150,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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