Ad ID: 105524

Subway Business for Sale Brisbane

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

Buy-a-job opportunity!

$27,500 + SAV

Business for Sale Description

Subway Business for Sale Brisbane Asking: $27,500 + 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.

This Subway kiosk is located conveniently outside of Woolworths in the main through-fare. There is also a small, dedicated eating area.

Lease expires 16th August 2023. This centre does not give options. The franchisor currently carries the head lease and there is usually not an issue renewing.
Rent is $4,950 per month + $390 per month outgoings
Rental Bond / Guarantee - 2 Months if secured against property.
Business Established in 2009

Remodel due in line with the lease (tbc). Signage will need to be done soon, cost approx. $12,000.
New 20 year Franchise Term
Turnover (Approx.) FY 2019 $350,000

SAV approximately $4,000
Trading Hours
Mon - Fri 8.00am - 5.00pm (Thurs 8.30pm)
Saturday 8.00am - 4.30pm
Sunday 9.00am - 3.30pm

Return to an owner operator before wages was approximately $120,000. (FY 2019) Buyer will need to determine their own staffing requirements
The business needs a committed owner operator (Not suitable for non-residents)
ASKING PRICE is $27,500 and includes the $8,250 franchisor transfer fee
Potential buyers will also need to demonstrate to the franchisor that they have 20,000 initial working capital
The business is suitable to a full-time working owner/operator with minimal staffing requirements

Reason for selling Too small for current multistore owners to bother with
Limited financial data. More suited to a cash buyer.

If this is for you, please contact:

Reg Butler
0438 189 657

Victoria Point Shopping Centre is located on the corner of Bunker & Cleveland-Redland Bay Roads, Victoria Point. It has 1,332 Parking Spaces and 99 Specialty Shops
Major Tenants include K Mart, Coles, Woolworths. Mini-Major Tenants include Best & Less, Terry White Chemists, The Reject Shop.
The centre also houses Australia Post and many bank branches.
There are plenty of reasons for people to visit the centre.
For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 14131

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