aubizbuysell.com.au/96679
Ad ID: 96679

Subway Franchise for Sale Brisbane

Enquire about this "Subway Franchise for Sale Brisbane" opportunity on aubizbuysell

Subway Brisbane, Mt Gravatt area! Long established! Stable performer!

Location:
Asking:
$555,000

Business for Sale Description

Subway Franchise for Sale Brisbane Asking: $555,000

Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with approximately 40,000 outlets in 100 countries.

There are presently in excess of 1300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.

The suburb is approximately 7 kilometres from the Brisbane CBD, and considered an upmarket, desirable suburb, surrounded by well established housing estates


The franchisee offered is located on a busy major thoroughfare road, in a high trading shopping centre.


Business features include:

Lease - Expires March 2026

Business size - 70m2 + Alfresco

Rent excluding G.S.T. - $4,811 per month

Outgoings excluding G.S.T. - $756 per month

Established 20 years+

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

Equipment will be sold unencumbered

Annual Turnover (Approx.)

2019/2020 $650,000
Good growth, showing annual increases

Trading hours - primarily 8.00am 9.00pm

Staffing - Owners + 8 casuals (varies)

Owners hour - Fulltime

Reason for selling - Retirement

Return to owner operator is in the vicinity of $180,000 EBITDA


For more information, please contact:

Reg Butler
0438 189 657

Interested In This Opportunity?

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Business Brokers Network Australia
For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 9958

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