aubizbuysell.com.au/105065
Ad ID: 105065

Subway Franchise Business for Sale Brisbane

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

Potential 24 Hour Site, Low 3rd Party Deliveries, Remodelled

Location:
Asking:
$525,000 + SAV

Business for Sale Description

Subway Franchise Business for Sale Brisbane Asking: $525,000 + 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 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 $793,000 (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 $170,000 EBITDA (FY2021)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au
For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 13885

Interested In This Opportunity?

Email to a friend / myself

 

Share this:

Sign up for the Latest Businesses For Sale

BUSINESS FOR SALE BULLETINS
quickly get the newest business opportunities.

SELECT BULLETIN:
  •