Subway Townsville! Low Rent! Long Lease! Roadside Centre! Remodelled! Priced To Sell!

Business For Sale Cairns + Townsville QLD Region, Queensland

Business Category Restaurant Takeaway Food

$325,000 + SAV


Subway Townsville! Low Rent! Long Lease! Roadside Centre! Remodelled! Priced To Sell!

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 located on a fairly major road, with tremendous visibility. Very popular area!


LONG Lease Expires July 2035

LOW Rent excluding G.S.T. is $2,500 per month

Outgoings - Nil

Size is 103m2 + alfresco dining

NO rental bond is required

SAV is approx. $7,000

Training is 3 weeks in Brisbane + other as required by franchisor

New 20 year Franchise agreement

Restaurant will be fully remodeled at settlement and should be okay until 2034

Annual Turnover (Approx.) $625,000 FY 2024 (7% 3rd Party Deliveries)

The business was relatively unaffected by Covid19

Trading Hours are generally: 7 days 7.00am 9.00pm (Can expand considerably)

Staffing -Supervisor + 7 casuals (varies)

Return to a full time Owner / Operator is approximately $150,000 EBIDTA FY2023

Full financials available

Up to 60% bank finance may be available to approved applicants

For more information, please contact:

Reg Butler

(photo is symbolic)
Contact Seller
Reg Butler

Bsale ID: 643406
Broker REF: SUBX404

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