Queensland

Subway Ayr, T/O $800,000, Very low rent, Very nice "green-scape" NQ Town!

For Sale | $430,000

Franchise Restaurant Takeaway Food

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

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Overview

This Franchise Business is one of 14 businesses for sale in North Queensland, Queensland, and one of 16 Franchise Businesses in this region that a business for sale currently has on offer. This Franchise Business is for sale in North Queensland for the asking price of $430,000 and is new to the market.