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 Subway franchise is situated in small roadside shopping centre.
Customers are drawn from large residential and industrial neighbourhoods. The location is great for tradees who can simply "grab and go!"
Imminent sales potential includes: Opening additional trading hours A major tenant drawing significant customers is about to open close by A residential development is about to commence, with 1,000 new dwellings planned (drawing tradesmen during the development phase and future residents when they move in)
OTHER IMPORTANT FEATURES:
Business size is 120m2 + alfresco dining
3 months rental bond is required
SAV approx. $10,000
Training is 3 weeks in Brisbane
New 20 year Franchise agreement
Restaurant will be fully remodeled at settlement
Approximate return to full time Owner / Operator was in the vicinity of $230,000 EBITDA FY2022. With control of wages within benchmark parameters, the return could be close to $300,000
(N.B. This franchise is not for investors. New franchisees are expected to work operationally in the business and reside within 30 minutes travel time)
For more information, please contact:
Reg Butler 0438 189 657
(Photos are representational)
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