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Business Details
Code:
SUB3130
Business Type:
Subway Franchise
Area:
Hervey Bay
Established:
1996
Lease:
Long Lease - Expires December 2025 + 2 x 5 year options
Rent (excl GST):
$4,960 per month + Outgoings $600 per month
Trading Hours:
range daily 7.00am – 8.00pm (can extend)
No of Staff:
Supervisor + 12 Part-timers (varies)
Vendor Hours:
Nil (Currently run under full supervision)
Approx Turnover(excl GST):
Turnover (Approx.) FY22 $1,246,000 (operating on reduced hours
during Covid)
Reason for Sale: Downsizing / Retirement
      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 Subway franchise is located in the major shopping centre, key to the region!


Business features include:

Franchise term - new 20 year agreement

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

Remodelled prior to settlement


Return to an owner operator is in the vicinity of $200,000 EBITDA (FY2022 normalized
trade, with benchmarks achieved)

For more information, please contact:

Reg Butler
0438 189 657

Asking Price:
$625,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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