Subway Franchise - Bayside Area! Very Low Rent! $200k Return To Owner/operator!

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 conveniently positioned in a well frequented shopping precinct, with a major employer close by.


KEY FEATURES:

Current Lease expires May 2034. (Near 10 years to borrow against)

Size is 75m2 + alfresco dining

Rent excluding G.S.T. is $3994 per month

Outgoings - Nil

3 months rental bond is required

SAV is approx. $10,000

Training is 3 weeks in Brisbane + other as required by franchisor

New 20 year Franchise agreement

Restaurant will be fully remodeled and should be okay until 2031

Annual Turnover (Approx.) FY 2023 $1,100,000 (17% 3rd Party Deliveries)
The business was relatively unaffected by Covid19

Trading Hours are generally: 7 days 7.00am 8.30pm

Staffing -1 full-time + 14 casuals (varies)

Return to a full time Owner / Operator is approximately $207,000 EBIDTA FY2023

Full financials available

Up to 60% bank finance may be available to approved applicants


For more information, please contact:

Reg Butler
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