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Business Details
Code:
SUB3140
Business Type:
Subway Franchise
Area:
Springwood
Established:
1997
Lease:
expires July 2025 + 2 x 5-year options
Rent (excl GST):
$10,747 per month + $2,133 outgoings
Trading Hours:
Mon - Sat 6.00am – 10.00pm
Sunday 7.00am - 9.00pm

(Already set up to trade 24 hours)
No of Staff:
2 fulltime + 20 part-timers (varies)
Vendor Hours:
Nil

Approx Turnover(excl GST):
(Approx.) FY 2023 $1,570,000

The business was relatively unaffected by Covid19
Reason for Sale: After many years, the owner has decided to retire
      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 conveniently situated in a hub regional shopping centre. Great M1
highway visibility. The business is capable of 24-hour trading and set up ready to do so!.


RELATIVE INFORMATION:

Size is 140m2 + alfresco dining

3 months rental bond is required

SAV is approx. $10,000

Highly regarded in the area

Training is 3 weeks in Brisbane

New 20 year Franchise agreement

Restaurant will be fully remodeled. Work is about to commence and will be finalized prior
to settlement

Approximate return to full time Owner / Operator is in the vicinity of $280,000 EBITDA
FY2023. As a 24 hour trading site, the returns could be truly spectacular!

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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