Skip to main content

Food, Beverage & Hospitality business for sale in Mermaid Beach

  • Food, Beverage & Hospitality
  • Mermaid Beach QLD 4218
  • $230,000 (GST na)

World's Biggest & Best Sandwich Franchise

Own the #1 Franchise. It's a new day for Subway. From cutting-edge restaurant redesigns to amped up advertising spend, there's never been a better time to be your own boss.

This centrally located Gold Coast business for sale is near the beach and is performing strongly with earnings close to $130,000 for one owner working reasonable hours.

This business has withstood COVID over the last 18 months and has grown during this time.

Revenue:
$660,221

Net Profit:
$108,784

Potential:
Add to the extra delivery of food to local businesses and tourist alike using Uber Eats plus the opportunity to become a multiple owner. Great location with a long lease.

Skills:
Full training of 2 weeks included in the sale price.

Hours:
Trades 7.30am to 7pm Monday to Thursday 7.30am to 8pm Friday and Saturday and 8am to 7pm Sunday.

Lease:
Monthly rent $3500 + GST + outgoings
Lease till 2022 + 5-year option

Location:
Located in Mermaid Beach, a prestigious residential area. New residential developments are sold out with more planned. The area is growing at a rapid rate bringing more customers to the area.

Employees:
7 part time staff

About the Business:
This franchise business is part of the world's largest sandwich chain with over 44,000 restaurants worldwide and more than 1400 in Australia and New Zealand. It is a big brand with robust, well-established franchise systems, support, and sustainable sales.

Business Highlights:
Long term owner who is retiring
Well-presented business with plenty of parking at the door
Great location in an office precinct and tourism hub in a busy location
Not a lot of other brands nearby so it is a popular eating and takeaway venue
All equipment included in the sale
Growing sales with an increase of over 17% in the past year
Fully trained manager in place if required
7 staff, most are part time
Franchisor provides 2 weeks training
The current owner is wanting to partially retire

For a new owner the business could continue to run under management or there is excellent potential for a hands-on operator to further grow the business. Don't miss out on this fantastic opportunity to join the Subway Franchise and enquire today.

History:
The story of the brand started more than 50 years ago when a nuclear physicist, changed the life of a college student with a few simple words, "Let's open a sandwich shop."

The popularity of the sandwiches and the brand continued to grow over the decades, but one thing remained the same and that was their core values and principles:

a) Always provide exceptional service to your valued guests.
b) Provide the highest quality menu items at a price everyone can afford and enjoy; and
c) Keep operating costs low and ensure you have great systems in place and never stop
improving.

These early principles continue to serve as the foundation for group around the world.

Sale Price:
$230,000 plus float and stock (small amount)

Business Highlights

Business ID2017467237
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  3 Dec 2021
Map for Mermaid Beach QLD 4218
Map for Mermaid Beach QLD 4218Mermaid Beach QLD 4218

Business Highlights

Business ID2017467237
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  3 Dec 2021
Hallmark Business Sales
Po Box 267 Miami QLD 4220
Peter Gwynne
Hallmark Business Sales
Peter Gwynne
Hallmark Business Sales
CallEmail