aubizbuysell.com.au/98033
Ad ID: 98033

Subway Franchise Business for Sale Sydney

Enquire about this "Subway Franchise Business for Sale Sydney" opportunity on aubizbuysell

Lismore Square Shopping Centre! Price to sell! Only $60,000 + SAV! Excellent opportunity!

Location:
Asking:
$60,000

Business for Sale Description

Subway Franchise Business for Sale Sydney Asking: $60,000

The SUBWAY restaurant chain is the world's largest submarine sandwich franchise, with more than 31,500 locations in 91 countries. Headquartered in Milford, Connecticut, and with regional offices in Amsterdam, Beirut, Brisbane, Miami, and Singapore, the SUBWAY chain was founded in 1965.

Australia is the SUBWAY® brand's largest market outside North America, with more locations (over 1300) than any other chain.


Lismore is a city in north-eastern New South Wales and the main population centre in the City of Lismore local government area with a population of 28,700.

Lismore is located 734 km north of Sydney, 200 km south of Brisbane and 46 km south-west of Byron Bay

It is also a regional centre in the Northern Rivers region of the State.

Lismore Shopping Square is the Northern River\'s biggest shopping centre and offers fully air-conditioned comfort and city style shopping with country service.
They are the home to over 75 specialty retailers and four major stores (Woolworths, Big W, Coles, KMart), as well as the Lismore Car Boot Markets.


Business features include:

New 5 year lease on offer by the landlord

Business size - 59m2, situated on the outer side of a large food-court

Rent excluding G.S.T. is $5,000 per month (great for this key location)

Outgoings excluding G.S.T. - $930 per month approx.

No rental bond

Established since 2007

New Franchisee entry costs - $7,500 + GST

Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement

Fit-out - due (Cost is covered)

Turnover (Approx.) FY2020 $590,000

Trading hours
Mon - Fri 9.00am 5.30pm (Thurs 8.00pm)
Saturday 9.00am - 4.30pm
Sunday 10.00am - 3.00pm

Staffing - 8 casuals (varies)

Owners hour - 20 hours

SAV $4,500

Remote monitoring

Reason for selling - Other interests

Return to a full-time owner operator is in the vicinity of $130,000 EBITDA (Based on the FY2019 trading year)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

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: 10563

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