aubizbuysell.com.au/103233
Ad ID: 103233

Subway Franchise Business for Sale Brisbane

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

Subway Franchise, Brisbane Near CBD, Potential 24 hour site, Low 3rd party deliveries, Remodelled

Location:
Asking:
$525,000

Business for Sale Description

Subway Franchise Business for Sale Brisbane Asking: $525,000

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 in a small shopping centre with a major tenant. The business has been relatively unaffected by Covid 19 trading conditions

Due to the high street exposure, and the surrounding residential population and transit points, this is a potential 24 hour trading location.


Business features include:
Lease - Expires December 2021 with a 5 year option
Rent excluding G.S.T. - $5,000 per month
Outgoings excluding G.S.T. - $200 per month approx.
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
Remodel will be completed prior to settlement
Turnover (Approx.) FY2021 $800,000 (Only 5% 3rd party deliveries)

Trading hours
Generally 7.00am 9.00pm

Staffing Manager + 8 Part-timers (varies)
Owners hour - Nil
Reason for selling Semi Retirement
Return to an owner operator is in the vicinity of $17,000 EBITDA (FY2021)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

(Photo is symbolic)
For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 13034

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