Subway Franchise, Mid Gold Coast Area, Shopping Centre Location, Remodelled!

Business For Sale Gold Coast QLD Region, Queensland

Business Category Franchise Business Opportunities Restaurant Takeaway Food

$450,000 + SAV

Description

Subway Franchise, Mid Gold Coast Area, Shopping Centre Location, Remodelled!

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.


The Subway franchise is located in a major suburban shopping centre with great major road visibility, easy entry, and good parking. This is a local hub!


Business features include:

Lease - Expires March 2027 (Centre does not give options)

Business size - 60m2 + Alfresco

Rent is capped at 11% + GST of sales

New Franchisee entry costs - Nil

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

SAV approximately $8,000

Fit-out Completed 2021

Turnover (Approx.) $17,000 per week average under normal circumstances (Only 2% 3rd Party Delivery sales)

Trading hours daily 8.00am 5.30pm (Thur 9.00pm)

Staffing Manager +12 Sandwich artists (Varies)

Owners hour - Nil (Currently run under full management)

Reason for selling - Rationalizing

Potential return to a full-time owner operator is in the vicinity of $200,000 EBITDA (based on a $900,000 per annum sales level)

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


(Photos are symbolic and not of the actual store)


For more information, please contact:

Reg Butler
XXXXXXXXXX

XXXXXXXXXX
Contact Seller
Reg Butler

Bsale ID: 573240
Broker REF: SUB101

Business Brokers Network Australia
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