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Food, Beverage & Hospitality business for sale in Elermore Vale

  • Food, Beverage & Hospitality
  • Bs142885 Elermore Vale NSW 2287
  • $320,000 (GST na)

2 Established Subway Stores For Sale in Newcastle, NSW

Business ID: BS142885

Run under Management or as Owner Operator

This is a rare opportunity to purchase 2 very well established Subway stores located in reasonably close proximity to each other. The proximity of the stores would allow one person to manage both stores which would reduce wage costs and increase the income for a working owner.

The stores are located in Elermore Vale which is undergoing a period of redevelopment with many of the older dwellings being replaced by multi-home developments bringing a younger demographic to the area.

The second store is located in Fletcher which is an area of continued expansion with many more family homes being built in the area.

Both stores are located in local shopping centres with ample car parking available near the stores.

-Well respected Global Brand
-Proven franchise system in place
-Both stores are currently run under management
-Experienced staff in place
-Good leases in place
-Excellent relationships with centre managers
-Both stores and equipment in excellent condition
-No immediate need for stores to be 'refreshed'
-Stores can be purchased individually

If the stores are purchased by someone new to the Subway system then training will need to be undertaken at Subways training locations in Brisbane. If training is required the buyer will be required to pay a small fee to Subway which includes 2 weeks training.

This is an excellent opportunity for someone (who may be new to business ownership) to receive excellent retail training and support from one of the worlds major brands.
An owner operator can look forward to an income of around $200K from the two stores. An investor would earn a return of around $135K (ROI = 42%)

Asking Price: The Assets and Goodwill of the two business are for sale for $320,000 + SAV

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Business Highlights

Business ID2016708705
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Last updated  22 Dec 2020
Map for Bs142885 Elermore Vale NSW 2287
Map for Bs142885 Elermore Vale NSW 2287Bs142885 Elermore Vale NSW 2287
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Business Highlights

Business ID2016708705
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  22 Dec 2020
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G14, 1-15 Barr Street Balmain NSW 2041
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