Subway Townsville, Captive Customer Base, Priced To Sell, Potential To Improve!

The Subway 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 approximately 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 is a great level entry opportunity for an astute operator to take advantage and control of this Franchise.

Positioned on a major road with great visibility and plenty of neighbouring activity.


FEATURES INCLUDE:

Current Lease - December 2030 = 3 x 5 year options

Rent excluding G.S.T. is $4,982 + $1,033 per month outgoings

3 months rental bond

Established in 2006

The store needs to be remodelled. Approx cost per owner is $80,000. This will need to be completed with 6 - 12 months of take-over

Training 3 weeks in Brisbane

New 20 year Franchise agreement

Annual Turnover is the vicinity of $1,000,000 FY2022

Trading Hours are:
Daily 7.00am 11.00pm (normally)

SAV approximately $10,000

Staffing - Manager + 8 casuals (varies)

Owner is selling due to relocation from Townsville

For more information, please contact:

Reg Butler / Glenn Robertson
XXXXXXXXXX

XXXXXXXXXX