Subway Franchise Business for Sale Brisbane

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

Near CBD, Potential 24 Hour Site, Low 3rd Party Deliveries, Remodeled!

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Why buy this Subway Franchise Business

Subway Franchise Business for Sale Brisbane Asking: $499,000 + 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 Covid19 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