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Business Details
Code:
SUB3125
Business Type:
Subway franchise
Area:
Mt Gravatt area
Established:
2008. Relocated 2018
Lease:
Expires September 2027
Rent (excl GST):
$5,520 per month

Outgoings - $800 per month approx.
Trading Hours:
Generally 8.30am – 8.00pm (can extend)
Delivery Run:
Lease - Expires September 2027.
No of Staff:
Manager + 10 casuals (varies)
Vendor Hours:
Nil - run under management
Approx Turnover(excl GST):
Approx $12,000 per week
Reason for Sale: 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 an area close to Mt Gravatt


Business features include:

Rent increases capped at 3.5% per annum

Rental Bond - 3 month's rent

Franchise term - new 20 year agreement

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

Remodelled store

SAV is approx. $5,000

Potential return to an owner operator is in the vicinity of $120,000 EBITDA (based on
current sales of $12,000 per week)

Cash buyer preferred!

For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$199,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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