Subway - Brisbane Bayside Area! Huge Turnover! Remodeled! Excellent Low 6.5% Rent!

Business For Sale Brisbane, Queensland 4000

Business Category Other Retail Restaurant Takeaway Food

$875,000 + SAV

Description

Subway - Brisbane Bayside Area! Huge Turnover! Remodeled! Excellent Low 6.5% Rent!

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 now on offer is one of the larger restaurants in the franchise group.

It is housed in an extremely busy location which is a hub for numerous big name fast-food eateries. This prominent location should remain popular for years to come.

The business has gained a great reputation in the area and has a strong loyal local following.

Presently run under management, owner operators will see phenomenal returns for their efforts. (Please note franchisors generally expect their new franchisees be committed owner operators)


Business features include:

Lease - Expires June 2026

Business size - 70m2 + Alfresco

Rent excluding G.S.T. - $5,033 per month

Outgoings excluding G.S.T. - $575 approx

Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement

The store is fully remodeled

Turnover (Approx.) $20,000 per week

Trading hours generally 7.00am 9.00pm

Staffing Manager + 1 PPT + 12 Sandwich Artists (Varies)

Owner's hours Nil (Minimal if required)

Reason for selling Retirement

Return to a full-time owner operator is in the vicinity of $290,000 EBITDA (FY2021)

Bank Finance up to 60% against the business could be available to approved applicants


For more information, please contact:

Reg Butler
XXXXXXXXXX

XXXXXXXXXX
Contact Seller
Reg Butler

Bsale ID: 557246
Broker REF: RB629

Business Brokers Network Australia
Make Enquiry

Thank you, your enquiry has been sent now.