Skip to main content

Restaurant business for sale in Cairns & District QLD

  • Restaurant
  • Cairns & District QLD
  • $395,000 (GST na)

Subway - Cairns Region! Remodelled! T/O $19k per week! Out of town owner wants it sold!

Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with approximately 38,000 outlets in 106 countries.

There are presently in excess of 1,300 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 in a regional shopping centre with a major supermarket as an anchor tenant.

Business features include:

Lease - Expires July 2024 (Centre does not give options)

Business size - 90m2 + Alfresco

Rent excluding G.S.T. - $4,600

Outgoings excluding G.S.T. - $1,200 per month

Established since 2005

New Franchisee entry costs - Nil

Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement

Fit-out - extensively remodelled in 2020 and should be okay until 2030

Turnover (Approx.) $19,000 per week

Trading hours
Mon - Fri 8.00am 8.30pm
Saturday 8.30am - 5.00pm
Sunday 8.30am - 5.00pm
(Could extend)

Staffing 3 full time + 12 casuals (varies)

Owners hour - Nil (Currently run under full management)

Reason for selling - Consolidating

Return to an owner operator is in the vicinity of $180,000 EBITDA (based on a $19,000 per week sales level, with benchmarks achieved)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

(photo is representational)

Reg Butler
Business Brokers Network Australia
Reg Butler
Business Brokers Network Australia

Business Highlights

Business ID2016858169
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 May 2021
Map for Cairns & District QLD
Map for Cairns & District QLDCairns & District QLD
Looking to buy this business?

powered by

So much work goes into buying a business, so why not let Valiant do the heavy lifting on helping you getting you the finance you need.

Valiant’s digital quoting tool will assess your eligibility and compare products from over 80 lenders, all in a few minutes!

Reg Butler
Business Brokers Network Australia
Reg Butler
Business Brokers Network Australia

Business Highlights

Business ID2016858169
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 May 2021
Business Brokers Network Australia
Unit 8/747 Fairfield Rd Yeerongpilly QLD 4105
Reg Butler
Business Brokers Network Australia
Reg Butler
Business Brokers Network Australia

Ask Reg Butler about this business

Reg Butler

Reg Butler

Business Brokers Network Australia

Call Broker
0438 189 657
CallEmail