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Restaurant business for sale in Burleigh Heads

  • Restaurant
  • Burleigh Heads QLD 4220
  • $149,000 + SAV

Subway Franchise, Gold Coast central area, Nice rural setting, Low rent, Suit owner / operator!

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 small regional shopping centre, pivotal to the area.

Business features include:

Lease - Expires March 2026

Rent excluding G.S.T. - $2,292 per month

Outgoings excluding G.S.T. - $225 per month

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

Remodel due mid 2022

Turnover (Approx.) $7,000 per week

Trading hours range daily 8.00am 6.00pm (possible to increase for breakfast and dinner trade)

Staffing Manager + 6 casuals (varies)

Owners hour - Nil (Currently run under full management)

Reason for selling Downsizing / Relocating

Return to an owner operator is in the vicinity of $90,000 EBITDA (based on a $7,000 per week sales level, with benchmarks achieved)

Price is $149,000 + SAV (as is)
Or $199,000 + SAV (fully remodelled)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

N.B. This business is not suitable to be run under management.

N.B. This business is not suitable for visa purposes

(Photo is symbolic)

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

Business Highlights

Business ID2017159241
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Last updated  28 Jul 2021
Map for Burleigh Heads QLD 4220
Map for Burleigh Heads QLD 4220Burleigh Heads QLD 4220
Reg Butler
Business Brokers Network Australia
Reg Butler
Business Brokers Network Australia

Business Highlights

Business ID2017159241
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  28 Jul 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
Reg Butler

Reg Butler

Business Brokers Network Australia

Call Broker
0438 189 657
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