Restaurant business for sale in Burleigh Heads
- 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:
0438 189 657
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)