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Business Details
Code:
SUB3115
Business Type:
Subway Franchise
Area:
Robina
Established:
10 years +
Lease:
Expires July 2025 + 3 x 5 year options
Rent (excl GST):
$3,240 per month. No Outgoings
Trading Hours:
Daily 7.00am – 9.00pm
No of Staff:
Staffing – Mixture of 12 part-timers and casuals (varies)
Vendor Hours:
Nil (Multistore owner - Currently run under full management)
Approx Turnover(excl GST):
(Approx.) FY23 $700,000
Reason for Sale: Rationalizing
      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.


The Subway franchise is located in a strong regional shopping centre with major road
access. Imminent growth potential!

Business size - 72m2 + Alfresco

Rent increases – Fixed at 2.5% per annum (excellent)


New Franchisee entry costs - Nil

Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to
settlement

Fit-out - extensively remodelled in 2020 and should be okay until 2030

Bank Finance of up to 60% against the business may be possible to approved applicants

Return to an owner operator is in the vicinity of $135,000 EBITDA

For more information, please contact:

Reg Butler
0438 189 657


Asking Price:
$230,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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