Ad ID: 120694

Subway Franchise Business for Sale Brisbane

Subway Franchise, Moorooka, Opened Late 2021! Lease To 2043! Greater For Owner Operator!

$225,000 + SAV

Why buy this Subway Franchise Business

Subway Franchise Business for Sale Brisbane Asking: $225,000 + 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.

The Moorooka Subway franchise is located approximated 9 km south of the Brisbane CBD on the ever-busy Ipswich Road.

Business features include:

Lease - Expires August 2028 + 3 X 5 year options

Rent excluding G.S.T. - $3,852

Outgoings excluding G.S.T. - Nil

Rent increases capped at low 3% per annum

Rental Bond - 3 month's rent

Franchise term - new 20 year agreement

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

The restaurant is new and remodel not expected until August 2031

Turnover (Approx.) FY2024 $520,000

SAV is approx. $6,000

Trading hours
Mon - Fri 6.00am - 8.00pm
Sat - Sun 8.00am - 3.00pm

Staffing Manager + 1 Part-timers + 6 Sandwich Artists (varies)
(This business is ideally suited to a working couple, in addition to a few casuals)

Owner's hour Nil (Out of town, Multi store owner)

Reason for selling Downsizing

Potential return to an owner operator is in the vicinity of $120,000 EBITDA (FY2024)
(More to a working couple)

Financials available

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: 21333

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