Ad ID: 109475
Subway Franchise Business for Sale Gold Coast QLDEnquire about this "Subway Franchise Business for Sale Gold Coast QLD" opportunity on aubizbuysell
Robina Area. Remodelled! Low Rent, Long Lease, Growth Potential
Why buy this Subway Franchise Business
Subway Franchise Business for Sale Gold Coast QLD Asking: $230,000 + SAVSubway 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 strong regional shopping centre with major road access. Imminent growth potential!
Business features include:
Lease - Expires July 2025 + 3 x 5 year options
Business size - 72m2 + Alfresco
Rent excluding G.S.T. - $3,240 per month
Outgoings excluding G.S.T. - Nil
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
Fit-out - extensively remodelled in 2020 and should be okay until 2030
Turnover (Approx.) FY22 $670,000 estimate
Trading hours Daily 7.00am 9.00pm
Staffing Mixture of 12 part-timers and casuals (varies)
Owners hour - Nil (Multistore owner - Currently run under full management)
Reason for selling - 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 $125,000 EBITDA
For more information, please contact:
0438 189 657
Please note - this business is not suitable for 491 Visa purposes. New franchisees are expected to be committed owner operators.
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