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Restaurant business for sale in Darwin - Greater Area NT

  • Restaurant
  • Darwin - Greater Area NT
  • $599,000 + SAV

Subway Franchise, Darwin, Rarely available, Extremely Long Lease until 2043, Growth area!

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.

Business features include:

Lease - Expires January 2028 with 3 x 5 year options

Rent excluding G.S.T. - $8,579 per month

Outgoings excluding G.S.T. - $59 per month

Franchise term - new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to settlement

Turnover (Approx.) FY2021 $950,000

Trading hours Generally 7.00am 9.00pm (Could extend)

Staffing Manager, Asst Manager + 13 Part-timers (varies)

Owners hours - Nil

Reason for selling Downsizing

Return to an owner operator is in the vicinity of $200,000 EBITDA (FY2021)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

Business Highlights

Business ID2017692203
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Category
Last updated  25 Mar 2022
Map for Darwin - Greater Area NT
Map for Darwin - Greater Area NTDarwin - Greater Area NT

Business Highlights

Business ID2017692203
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  25 Mar 2022
Business Brokers Network Australia
Unit 8/747 Fairfield Rd Yeerongpilly QLD 4105
Reg Butler
Business Brokers Network Australia
Reg Butler
Business Brokers Network Australia
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