Ad ID: 102899
Subway Franchise Business for Sale Gold Coast QLDEnquire about this "Subway Franchise Business for Sale Gold Coast QLD" opportunity on aubizbuysell
Subway Franchise, Gold Coast central area, Nice rural setting, Low rent, Suit owner / operator!
Why buy this Subway Franchise Business
Subway Franchise Business for Sale Gold Coast QLD Asking: $149,000 + SAVSubway 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
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