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Business Details
Code:
SUB3126
Business Type:
Subway Franchise
Area:
Southport area
Established:
2003
Lease:
Expires late April 2025 + 1 x 3 year option
Rent (excl GST):
$4,110 per month
Outgoings $346 per month
Trading Hours:
vary 7.00am – 9.00pm (Could extend in this location)
No of Staff:
11 part-timers (varies)

Staff Weekly Wages - $3,040 excluding owner
Vendor Hours:
Full time
Approx Turnover(excl GST):
$900,000 Estimate 2023 (trading approx. 12% up on previous
period)
Reason for Sale: 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 is located in a prominent fast food shopping hub! Many of the
surrounding tenants operate 24 hours a day.


Business features include:


No rental bond

Business size - 53m2 + Alfresco

New Franchisee entry costs - Nil

Franchise term - new 20 year agreement

SAV approximately $8,000

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

Remodel due (optional pricing should you like to do this yourself

Return to an owner operator is in the vicinity of $173,000 EBITDA (FY2022)
(Could be higher than this for FY 2023)

Bank Finance of up to 60% against the business may be possible to approved applicants

Price is $475,000 + SAV Fully remodelled

or

$399,000 + SAV "AS IS"


For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$475,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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