Ad ID: 107683

Subway Franchise Business for Sale Brisbane

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

Outer Northside Brisbane.  Remodelled, Extremely Low Rent, Long Lease until 2037

$725,000 + SAV

Why buy this Subway Franchise Business

Subway Franchise Business for Sale Brisbane Asking: $725,000 + 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 on the Brisbane northside, approx. 24km from the CBD.
It is situated in a major regional shopping precinct amid a hub of activity. The region is expected to significantly expand in coming years.
The business has been relatively unaffected by Covid 19

Business features include:

Lease - Expires March 2027 with 2 x 5 year options

Rent excluding G.S.T. - $2,975 per month

Outgoings excluding G.S.T. - Nil

Franchise term - new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to settlement

Remodel was completed in 2019

Turnover (Approx.) FY2022 $840,000

Trading hours Generally 7.00am 9.00pm (Could extend)

Staffing Manager + 13 Part-timers (varies)

Owners hour - Nil

Reason for selling Downsizing

Return to an owner operator is in the vicinity of $232,000 EBITDA (FY2021)

For more information, please contact:

Reg Butler
0438 189 657

For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 15068

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