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
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