Ad ID: 108319

DUPLICATE for Sale Ulladalla NSW

Enquire about this "DUPLICATE for Sale Ulladalla NSW" opportunity on aubizbuysell

Subway Franchise, Gympie City, Nice Rural Setting, Remodeled, Long Lease, Low Rent, Suit Owner / Op!

$395,000 + SAV

Why buy this DUPLICATE Business

DUPLICATE for Sale Ulladalla NSW Asking: $395,000 + 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 regional shopping centre, located on the main street, in the thick of the action. Great visibility!

Business features include:

Long Lease - Expires June 2024 + 2 x 5 year options

Rent excluding G.S.T. - $3,870 per month

Outgoings excluding G.S.T. - $43 per month

Franchise term - new 20 year agreement

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

Store will be fully remodelled

Turnover (Approx.) FY21 $685,000 (operating on reduced hours and closed Sundays for most of the year)

Trading hours range daily 7.30am 8.00pm

Staffing Manager + 9 casuals (varies)

Owners hour - Nil (Currently run under full management)

SAV approx. $7,000

Reason for selling Downsizing / Semi-retirement

Return to an owner operator is in the vicinity of $125,000 EBITDA (FY2021 normalized trade, with benchmarks achieved)

For more information, please contact:

Reg Butler
0438 189 657


(Photo is symbolic)

Gympie is a city about 170 kilometres north of Brisbane in the Wide Bay-Burnett District. It has a population of 21,000.

Gympie is famous for its gold fields.

About 30 minutes\' drive east of Gympie is Tin Can Bay. Noosa on the Sunshine Coast is 45 minutes drive
For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 15424

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