Ad ID: 101508

St Lucia Subway Franchise Business for Sale Brisbane

Enquire about this "St Lucia Subway Franchise Business for Sale Brisbane" opportunity on aubizbuysell

Subway - St Lucia! Desirable upmarket suburb! Captive neighborhood shopping and transport hub!

Location:
Asking:
$350,000 + SAV

Business for Sale Description

St Lucia Subway Franchise Business for Sale Brisbane Asking: $350,000 + SAV

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 in an extremely attractive leafy location, which is a hub for the St Lucia tradies, residents and students in the region. The bus station is very close to the highly visible store\'s front door.


Business features include:

Lease - Expires 2024 with additional options or new lease Negotiable

Business size 85m2 + Alfresco seating

Rent excluding G.S.T. - $5,433 per month

Outgoings excluding G.S.T. - $1,454 /month Approx.

Franchise term - new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to settlement

Remodel The could be fully remodeled at settlement if required!

Turnover (Approx.) $554,000 FY2021

Trading hours generally 7.30am 11.00pm

Staffing 10 Sandwich Artists (Varies)

Owner\'s hours Nil

Reason for selling Distance to travel

Return to a full-time owner operator is in the vicinity of $124,000 EBITDA

Price is $350,000 + SAV (as is)

or $499,000 + SAV fully remodelled!


For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

Interested In This Opportunity?

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For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 12239

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