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 goâ€.
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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