Ad ID: 108382

Subway Franchise Business for Sale Sunshine Coast QLD

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

Low Rent! Long Lease! Imminent Growth Potential!

$695,000 + SAV

Why buy this Subway Franchise Business

Subway Franchise Business for Sale Sunshine Coast QLD Asking: $695,000 + 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 being offered is located in a strong regional fast food shopping hub! Many of the surrounding tenants operate 24 hours a day.

Business features include:

Lease - Expires late 2025 + 2 x 7 year options

Business size - 70m2 + Alfresco

Rent excluding G.S.T. - $4,500 per month

Outgoings excluding G.S.T. $300 per month

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

Current to 2029

Turnover (Approx.) $1,200,000 FY2022

Trading hours Daily 8.00am 9.00pm (Could extend up to 24 hours per day)

Staffing Manager + 1 PPT + 12 casuals (varies)

Owners hour - Nil (Currently run under full management)

Reason for selling New Business Venture / Rationalizing

Bank Finance of up to 60% against the business may be possible to approved applicants

Return to an owner operator is in the vicinity of $235,000 EBITDA (based on FY2022 estimate)

For more information, please contact:

Reg Butler
0438 189 657


Please note - this business is not suitable for 491 Visa purposes. New franchisees are expected to be committed owner operators.

(Photo is symbolic)
For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 15455

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