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Business Details
Code:
SUB3119
Business Type:
Subway Franchise
Area:
Sunshine Coast south
Established:
2019
Lease:
Expires late 2025 + 2 x 7 year options
Rent (excl GST):
$5,050 per month + Outgoings of $300 per month
Trading Hours:
Daily 8.00am – 9.00pm (Could extend up to 24 hours per day)
No of Staff:
Staffing – Manager + 1 PPT + 12 casuals (varies)
Vendor Hours:
Nil (Currently run under full management)
Approx Turnover(excl GST):
$1,250,000 FY2022
Reason for Sale: New Business Venture / 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.


This Subway franchise being offered is located in a strong regional fast food shopping
hub! Many of the surrounding tenants operate 24 hours a day.


Business features include:

Business size - 70m2 + Alfresco

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 - Current to 2029

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 $225,000 EBITDA (based on FY2022
estimate)


For more information, please contact:

Reg Butler
0438 189 657
Asking Price:
$695,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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