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
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