Subway Gold Coast! Major Shopping Centre! $31k Per Week T/o Remodelled! Great Location!

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 prominently located in a major Shopping Centre. It shares a large food court seating area, together with numerous major name food businesses.


FEATURES:

Lease expires March 2030 (this Centre does not provide options, but there is not usually a problem renewing)

Size is 45m2 + Alfresco area

Established 2016

Rent excluding G.S.T. is $12,320 per month+ $925 outgoings + $615 promotions levy (Good for a centre of this magnitude)

3 months rental bond is required

SAV is approx. $15,000

Fit out will be completed prior to settlement

Training is 6 weeks in Brisbane (tbc)

New 20 year Franchise agreement

Turnover FY 2024 $1,664,000 (10% 3rd Party Deliveries)

Trading Hours are:
Daily 8.00am - 9.00pm

Staffing - Supervisor + 20 casuals (varies)

Reg Butler
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