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 affluent Gold Coast neighborhood
Great for tradies who can conveniently “stop, grab and go”.
The business has not been affected by Covid 19
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
Remodel is included in the price
SAV is approx. $10,000
Return to an owner operator is in the vicinity of $226,000 EBITDA (FY2022)
Finance of up to 60% against the business may be available to approved applicants
Price is $675,000 + SAV remodelled Or $595,000 + SAV unremodelled
For more information, please contact:
Reg Butler 0438 189 657
reg@brokers.net.au
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