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 franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.
Features include:
Lease - Expires 2030 + 3 x 5 year options (Until 2045 in total)
Business size 60 m2
Rent excluding G.S.T. - $4,475 per month
Outgoings excluding $1,610 per month
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement