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Code: |
SUB3135 |
Business Type: |
Subway Franchise |
Area: |
Loganholme Hyperdome |
Established: |
December 2022
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Lease: |
The recently signed lease runs until late 2029 |
Rent (excl GST): |
$7,084 per month plus $1,128 outgoings. This is approx. 10.5% of turnover, which is excellent for a shopping centre of this magnitude
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Trading Hours: |
Mon - Sat 8.00am - 6.00pm (9pm Thursday) Sun 10.00am - 4.00pm |
No of Staff: |
Manager + 14 Casuals (as required) |
Vendor Hours: |
Nil |
Approx Turnover(excl GST): |
Estimated annual turnover will be in the vicinity of the $860,000 level per annum (based on early and current trading trends) |
Reason for Sale: |
Retirement |
General Information |
This newly built Subway franchise is located in the well-known Loganholme Hyperdome Shopping Centre in the huge food court area, close to the cinemas.
The restaurant was just opened in December 2022 and boasts a large preparation area geared for catering, school lunches etc.
Rental Bond / Guarantee is 3 Month's Rent
A new 20 year Franchise Term is offered
SAV is approximately $8,000
Potential return to an owner operator is estimated to be in the vicinity of $190,000 EBITDA per annum
For more information, please contact:
Reg Butler 0438 189 657
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Asking Price: |
$475,000 + SAV |
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For more information, please contact: |
Reg Butler on 0438 189 657 |
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