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 amid the action and promises to get better with neighboring construction projects about to commence.
Some business features include:
New Lease + options (under discussion)
Rent - $5,167 per month + GST. Nil Outgoings
Business size is 50m2
Franchise term is a new 20 year agreement
Fit-out - Current until 2029
Turnover is expected to be in the $735,000 vicinity (FY2025) with only 3% 3rd Party Deliveries! Capable of much higher!
Trading hours range daily 7.00am - 9.00pm
Staffing is currently a Supervisor + 10Casual Sandwich Artists
Owner's hours Varies
Reason for selling Retirement / Health
Return to a full-time owner operator is expected to be in the vicinity of $125,000 EBITDA (FY2025)
Finance of up to 60% could be available to approved applicants
For more information, please contact:
Reg Butler
0438 189 657
reg.b@businessbrokersnetwork.com.au
