Ad ID: 99625

Subway Franchise for Sale Brisbane Northern Suburbs

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

Subway Brisbane Northern suburbs, T/O $710,000 est, Lease to 2037! Very Low Rent! Remodelled!

Location:
Asking:
$450,000

Business for Sale Description

Subway Franchise for Sale Brisbane Northern Suburbs Asking: $450,000

The Subway franchise is located in a northern suburb approximately 12 km north of Brisbane. It is a community split between residential and industrial land usage, the latter being attracted by the accessibility of local transport.

The area is progressively becoming a commercial hub due to its connection to the Gateway Motorway.

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.


This Subway outlet is prominently located on a busy road, with plenty of favored \"grab and go\" parking. Excellent for passing travellers and tradies.


FEATURES INCLUDE:

Current Lease expires 26/06/2022 with 3 x 5 year options

Size is 100m2 + alfresco seating

LOW Rent excluding G.S.T. is $3,250 per month + $500 per month outgoings

Excellent catering location - can expand considerably!

Established within the last 10 years

Training 3 weeks in Brisbane

New 20 year Franchise agreement

Will include the latest fit-out

Annual Turnover is estimated to be $710,000 for FY2021

Trading Hours between 7.00am 8.00pm (could extend)

Staffing - supervisor + 11 casuals (varies)

Financials available!

Owners retiring

Approximate return to full time Owner / Operator is in the vicinity of $140,000 (FY2021) EBITDA.


For more information, please contact:

Reg Butler
0438 189 657
reg.b@businessbrokersnetwork.com.au

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For more info
Contact: Reg Butler

Reg Butler

0438 189 657
Business Brokers Network Australia
Broker Ref: 11337

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