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Business Details
Code:
SUB3138
Business Type:
Subway Franchise
Area:
Sunshine Coast
Established:
In 2012 by the current owner
Lease:
Expires July 2027 + 3 x 5-year options
Rent (excl GST):
$6,999 per month + $850 outgoings. (Approx 6.8% rent on FY2022
turnover).
Trading Hours:
(traditionally)
Mon - Fri 8.00am – 8.00pm
Sat - Sun 9.00am - 7.00pm
No of Staff:
12 casuals (varies)
Vendor Hours:
Approx 30 hours (scaling back)
Approx Turnover(excl GST):
FY 2022 $1,386,000
Reason for Sale: After many years, the Owner has other time-consuming interests,
requiring focused attention
      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 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)
Asking Price:
$675,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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