Under Offer Subway Franchise - Ascot Brisbane, Priced To Sell! Low Entry Cost!

Business Under Offer Brisbane QLD Region, Queensland

Business Category Restaurant Takeaway Food

Under Contract / Offer

Description

Under Offer Subway Franchise - Ascot Brisbane, Priced To Sell! Low Entry Cost!

Please ready fully before enquiring!


This Subway franchise is located in an affluent leafy Brisbane suburb, in a small popular shopping Centre

Lease to May 2029. The landlord is receptive to extending

Rent is $4,855 per month plus $1,057 outgoings

Rental Bond / Guarantee is 3 Month's Rent

Business was established in 2010

New 20 year Franchise Term

The restaurant needs to be remodelled ASAP after settlement. Cost will be $150k - $175k. Purchaser will need to confirm they have the funds in order to do this as part of the application process

Estimated Turnover FY2024 $750,000. 10% 3rd Party deliveries

Trading Hours - Mon - Sat 7.00am - 9.00pm, Sun 8.00am - 8.00pm

Potential return to an owner operator was approximately $150,000 (FY 2024)

SAV is approximately $10,000

There are limited financials available. This business is suited to a cash buyer

For more information, please contact:

Reg Butler
XXXXXXXXXX
Contact Seller
Reg Butler

Bsale ID: 651663
Broker REF: SUBQ41015

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