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
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