Under Offer - Subway Tuggerah, Great Entry Store For Owner Operator, Captive Customer Base!

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 the corner of the Pacific Highway uniquely situated opposite the train station at the entrance to the fast food hub McDonalds, Hungry jacks, Guzman.
Serving the industrial business estate.

Work with the subway office to secure the new lease on offer and the refurbishment required.

The Vendor, with this in mind has priced the sale accordingly, and can offer greater value if purchased with one of his other locations.


FEATURES INCLUDE:

Current Lease - Being negotiated

Size is 120m2 with Highway frontage

Rent excluding G.S.T. is $3,827 per month + NO outgoings

No rental bond

Established in 2002

The store needs to be remodelled. Approx cost is $120,000 - $150,000. 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 $691,115 for FY2024

Trading Hours are:
(Mon Sat) 7.00am 9.00pm
(Sunday) 8.00am 8.00pm
Potential to increase!

SAV approximately $8,000

Staffing -10 casuals (varies)

Owner is selling due to other business commitments

Return to an Owner Operator approximatel$110,000 EBIDTA (FY2024)

For more information, please contact:

Reg Butler / Glenn Robertson
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