Brisbane City, Queensland 4000

Subway Franchise, Brisbane Near CBD, Potential 24 hour site, Low 3rd party deliveries, Remodelled

For Sale | $525,000

Franchise Restaurant Takeaway Food

Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with approximately 38,000 outlets in 106 countries.

There are presently in excess of 1,300 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 franchise is located in a small shopping centre with a major tenant. The business has been relatively unaffected by Covid 19 trading conditions

Due to the high street exposure, and the surrounding residential population and transit points, this is a potential 24 hour trading location.


Business features include:

Lease - Expires December 2021 with a 5 year option

Rent excluding G.S.T. - $5,000 per month

Outgoings excluding G.S.T. - $200 per month approx.

Franchise term - new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to settlement

Remodel will be completed prior to settlement

Turnover (Approx.) FY2021 $800,000 (Only 5% 3rd party deliveries)

Trading hours
Generally 7.00am 9.00pm

Staffing Manager + 8 Part-timers (varies)

Owners hour - Nil

Reason for selling Semi Retirement

Return to an owner operator is in the vicinity of $17,000 EBITDA (FY2021)

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 316 businesses for sale in Brisbane Central, Queensland, and one of 11 Franchise Businesses in this region that a business for sale currently has on offer. This Franchise Business is for sale in Brisbane Central for the asking price of $525,000 and has been on market for less than 3 months.