aubizbuysell.com.au/99171
Ad ID: 99171

Subway Business for Sale Ayr QLD

Enquire about this "Subway Business for Sale Ayr QLD" opportunity on aubizbuysell

Very low rent. "green-scape" Town!

Location:
Asking:
$430,000

Business for Sale Description

Subway Business for Sale Ayr QLD Asking: $430,000

Ayr is located 88 km south of Townsville on the Bruce Highway and 12km away from the (smaller) town of Home Hill. Ayr has a population of approximately 8,000.

It is within the Burdekin Shire, which produces the most sugar cane per square kilometre in Australia utilizing underground water supplies and water from the Burdekin Dam to irrigate crops when rains fall.

The Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion dollar business, with more than 36,000 outlets in 100 countries. Wherever the restaurants are located, the basic menu stays almost the same.

The first restaurant opened in Australia during 1988. Australia is the group\'s largest market outside North America, with more locations than any other chain.

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 Ayr Subway outlet is prominently located on the major highway, with plenty of grab and go parking. Excellent for passing travellers and tradies.

KEY FEATURES INCLUDE:

Current Lease expires 31/08/22 with a 5 year option

Size is 142m2 + alfresco seating

Rent excluding G.S.T. is $1,913 per month including outgoings

Established in 2002

Training 3 weeks in Brisbane

New 20 year Franchise agreement

Fit-out is due and expected to cost in the vicinity of $80,000
Annual Turnover is estimated to be $800,000 for FY2021

Trading Hours
(Mon Thur) 8.00am 7.30pm
(Friday) 8.00am 8.00pm
(Sat - Sun) 9.00am 7.30pm

Staffing -1 full-time owner + 1 full-time supervisor + 11 casuals (varies)

Owners relocating

Approximate return to full time Owner / Operator is in the vicinity of $140,000 (FY2020) EBITDA. The return could be potentially much higher.

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: 11100

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