Ad ID: 118421

Subway Franchise Business for Sale Central West NSW

Subway Franchise Dubbo NSW! JUST Remodeled! EXCELLENT LOW 6.5% RENT! Lease to 2037!

$985,000 + SAV

Why buy this Subway Franchise Business

Subway Franchise Business for Sale Central West NSW Asking: $985,000 + 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 now on offer is a rare opportunity to purchase one of the largest restaurants in the franchise group, located in Dubbo NSW, 300 - 400 km from Sydney

This prominent location should remain popular for years to come on a prime location on the main road along a busy food strip.

The business has gained a great reputation in the area and has a strong loyal customer base.

Presently run under supervision, owner operators will see phenomenal returns for their efforts. (Please note franchisors generally expect their new franchisees be committed owner operators)

Business features include:

Lease - Expires June 2027

Options - 2 x 5 years

Business size - 120m2 with a large carpark with space for 21 cars

Rent excluding G.S.T. - $5,398 per month

Outgoings excluding G.S.T. - $650 per month approx.

Annual rent increases capped at 4%

No rental bond required

Franchise term - new 20 year agreement

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

The store was fully remodeled to the latest requirements in July 2023. The next major remodel is due in 2033

Turnover FY2023 $1,170,000

SAV approximately $16,000

Trading hours generally 9.00am 8.30pm (Can extend)

Staffing 17 casual Sandwich Artists (Varies)

Owner's hours Nil

Reason for selling Retirement after 21 years of proud ownership / other interests

Return to a full-time owner operator is in the vicinity of $370,000 EBITDA (FY2023)

Full financials available

Bank Finance up to 50 - 60% against the business could be available to approved applicants

For more information, please contact:

Reg Butler
0438 189 657

[email protected]
For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 20324

Save or share this opportunity

Email to a friend / myself