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Business Details
Code:
SUB3137
Business Type:
Subway Franchise
Area:
Loganholme
Established:
Many years
Lease:
Expires August 2026 with 2 x 5 year options
Rent (excl GST):
Extremely low rent - $3,350 per month
+ Outgoings of $680 approx. excluding G.S.T.
Trading Hours:
a cruisy 52.5 hours per week
Mon - Fri 7.00am - 4.30pm
Saturday 9.00am - 2.00pm
Closed Sundays and Public holidays
No of Staff:
Manager + 4 Sandwich Artists
Vendor Hours:
Nil (minimal)
Approx Turnover(excl GST):
Expected to be in the vicinity of $520,000 (FY2023) with
minimal 3rd Party Deliveries!
Reason for Sale: To focus on young family
      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 an industrial park in Loganholme. The area is set to
improve thanks to a massive billion-dollar roadworks redevelopment about to commence

The business can be viewed as an industrial takeaway restaurant due to the relatively
short trading hours.


Some business features include:





Business size is 181m2 with a large outdoor seating area

Franchise term is a new 20 year agreement

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

The restaurant will be extensively remodelled within the price to the latest Subway
requirement

Return to a full-time owner operator is expected to be in the vicinity of $160,000 EBITDA
(FY2023)

The business was marginally affected by Covid 19, and continued to see calander year-on-
year growth throughout the period

Finance of up to 60% could be available to approved applicants


For more information, please contact:

Reg Butler
0438 189 657

Asking Price:
$450,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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