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Restaurant business for sale in Brisbane Region QLD

  • Restaurant
  • Brisbane Region QLD
  • $450,000 + SAV

Subway franchise - Northern Brisbane Suburb, Low Rent, Lease to 2036, Fully Remodelled!

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.

The Subway franchise is located in a popular northern suburban shopping centre with major road access.

Business features include:

Lease - Expires Sept 2026 + 2 x 5 year options

Business size - 77m2 + Alfresco

Rent excluding G.S.T. - $3,655 per month

Outgoings excluding G.S.T. - Nil

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 Fully remodelled

Turnover (Approx.) $787,000 FY2021

Trading hours daily 7.00am 9.00pm

Staffing 14 Sandwich artists

Owners hour - Nil (Currently run under full management)

Reason for selling - Retirement

Return to a full-time owner operator is in the vicinity of $170,000 EBITDA (based on a $15,000 per week sales level, with benchmarks being achieved)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

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

Business Highlights

Business ID2017126129
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Last updated  10 Jul 2021
Map for Brisbane Region QLD
Map for Brisbane Region QLDBrisbane Region QLD
Reg Butler
Business Brokers Network Australia
Reg Butler
Business Brokers Network Australia

Business Highlights

Business ID2017126129
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 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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