Subway Sandwich Franchise, Kedron / Brisbane, Highway Location, Year-on-year Growth

Business For Sale Brisbane, Queensland 4000

Business Category Franchise Business Opportunities Restaurant Takeaway Food

$450,000 + SAV

Description

Subway Sandwich Franchise, Kedron / Brisbane, Highway Location, Year-on-year Growth

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.


This Subway franchise is located on the main highway, in a small shopping centre, recognized as a popular convenient fast food stop.


Business features include:

Lease - Expires March 2023 with negotiable options

Rent excluding G.S.T. - $4,554 per month

Outgoings excluding G.S.T. - $904 per month

Franchise term - new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to settlement

Remodel due

Turnover (Approx.) FY2021 $760,000

Trading hours
Mon - Sat 7.00am 9.30pm
Sunday 7.00am 9.30pm

Staffing Manager + 8 Casuals (varies)

Owners hour - Nil

Reason for selling Out of state owner

Return to an owner operator is in the vicinity of $170,000 EBITDA (FY2021)

For more information, please contact:

Reg Butler
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(Photo is symbolic)


Kedron is centred on Gympie Road and Kedron Brook, 7 km from the Brisbane CBD.
It is an inner-northern suburb that neighbours the popular leafy suburbs of Stafford, Chermside, Wavell Heights, Wooloowin, Lutwyche, and Nundah.
Contact Seller
Reg Butler

Bsale ID: 550015
Broker REF: RB623

Business Brokers Network Australia
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