Subway Franchise - Jimboomba! Est. $200k Return To Owner/operator! Low Rent!

Business For Sale Brisbane QLD Region, Queensland

Business Category Restaurant Takeaway Food

$550,000 + SAV

Description

Subway Franchise - Jimboomba! Est. $200k Return To Owner/operator! Low 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


Subway Jimboomba franchise is located in approximately 48 km south of the Brisbane CBD and housed in a small suburban shopping centre.


Some business features include:

Lease - Expires December 2028. Nil options

Rent - $4,326 per month + Outgoings of $850 approx. excluding G.S.T.

Business size is 72m2

Franchise term is a new 20 year agreement

Fit-out - Current until Dec 2031

Turnover is expected to be in the $900,000 vicinity (FY2025) with only 7% 3rd Party Deliveries!

Trading hours are daily 7.am - 9.00pm

Staffing is currently a part time owned + 11 PT Sandwich Artists

Owner's hours 5 - 10 hours per week operationally (varies in line with demand)

Reason for selling Other business interests

Return to a full-time owner operator is expected to be in the vicinity of $200,000 EBITDA (FY2025)

Finance of up to 60% could be available to approved applicants


For more information, please contact:

Reg Butler
XXXXXXXXXX

XXXXXXXXXX
Contact Seller
Reg Butler

Bsale ID: 660453
Broker REF: SQ5410

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