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Business Details
Code:
SUB3139
Business Type:
Subway Franchise
Area:
Shailer Park
Established:
About 20 years ago and highly regarded in the area
Lease:
expires July 2028 + 2 x 5-year options
Rent (excl GST):
$9,100 per month + $1,662 outgoings
Trading Hours:
Trading Hours are:
Mon - Sat 7.00am – 10.00pm
Sunday 7.00am - 9.00pm
(Could extend to 24 hours in this location)

No of Staff:
2 fulltime + 20 part-timers (varies)
Vendor Hours:
Nil
Approx Turnover(excl GST):
(Approx.) FY 2023 $1,400,000 showing good growth on FY2022
The business was relatively unaffected by Covid19
Reason for Sale: Retirement
      General Information

The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown
into a multi-billion dollar business, with more than 36,000 outlets in 100 countries.
Wherever the restaurants are located, the basic menu stays almost the same.
The first restaurant opened in Australia during 1988. Australia is the group’s largest
market outside North America, with more locations than any other chain.

There are presently in excess of 1300 restaurants in Australia. Many new franchises are
sold to existing franchisees which is a positive indication of the success of the
franchise model.


This Franchise is situated in small shopping centre with high visibility and very busy
roadside exposure. The business has great parking and has built an incredible reputation
in the area.


FEATURES:

Size is 140m2 + large alfresco dining

3 months rental bond is required

SAV is approx. $10,000

Training is 3 weeks in Brisbane

New 20 year Franchise agreement

Restaurant has been fully remodeled, exceeding normal expectations

Approximate return to full time Owner / Operator is in the vicinity of $300,000 EBITDA
FY2023 with control of costs


For more information, please contact:

Reg Butler
0438 189 657

reg@brokers.net.au
Asking Price:
$840,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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