www.aubizbuysell.com.au/107257
Ad ID: 107257

Subway Franchise Business for Sale Gold Coast QLD

Enquire about this "Subway Franchise Business for Sale Gold Coast QLD" opportunity on aubizbuysell

Subway Franchise, Mid Gold Coast area, Shopping Centre location, Remodelled!

Location:
Asking:
$450,000 + SAV

Why buy this Subway Franchise Business

Subway Franchise Business for Sale Gold Coast QLD Asking: $450,000 + 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.


The Subway franchise is located in a major suburban shopping centre with great major road visibility, easy entry, and good parking. This is a local hub!


Business features include:

Lease - Expires March 2027 (Centre does not give options)

Business size - 60m2 + Alfresco

Rent is capped at 11% + GST of sales

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

SAV approximately $8,000

Fit-out Completed 2021

Turnover (Approx.) $17,000 per week average under normal circumstances (Only 2% 3rd Party Delivery sales)

Trading hours daily 8.00am 5.30pm (Thur 9.00pm)

Staffing Manager +12 Sandwich artists (Varies)

Owners hour - Nil (Currently run under full management)

Reason for selling - Rationalizing

Potential return to a full-time owner operator is in the vicinity of $200,000 EBITDA (based on a $900,000 per annum sales level)

Finance of up to 60% may be available to approved applicants


(Photos are symbolic and not of the actual store)


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: 14869

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