Ad ID: 103560 Inactive

Subway Franchise Business for Sale Brisbane

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

10 km from CBD, Low Rent, Profitable, Remodelled!

$620,000 + SAV

Business for Sale Description

Subway Franchise Business for Sale Brisbane Asking: $620,000 + SAV

The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with more than 40,000 outlets in 100 countries.

There are presently in excess of 1300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.

The suburb is approximately 7 kilometres from the Brisbane CBD, and considered an upmarket, desirable suburb, surrounded by well established housing estates.

The store is amid a neighbourhood shopping hub with most of the major services housed within.

Loyal customers are drawn from the residential locals, tradies, and commuters.

Business features include:

Lease - Expires March 2026 + Negotiable options

Business size - 84m2 + Alfresco tables + seats

Rent excluding G.S.T. - $3,790 per month

Outgoings excluding G.S.T. - $756 per month

Business is very well established and known in the area

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 will be completed prior to settlement

Annual Turnover (FY 2021) Almost $785,000

Trading Hours Generally 8.00am 9.00pm

Staffing Owners +10 casuals (varies)

Reason for selling Retirement

Return to owner operator is in the vicinity of $215,000 EBITDA

Asking price is $620,000 (fully remodelled) + SAV

For more information, please contact:

Reg Butler
0438 189 657

(Photo is representational)

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