Brisbane City, Queensland 4000

Subway Franchise, Brisbane Eastern Suburbs, Multiyear Development Site, Captive Area!

For Sale | $415,000 + SAV

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 an extremely popular suburban shopping centre, 20 km from the Brisbane CBD. The centre is a hub for the residents in the region.

Approval has been granted to proceed with a massive redevelopment, which will take years to complete. This means mobs of hungry tradies literally at your doorstep!

Business features include:

Lease - Expires late 2024 (Centre does not grant options)

Business size - 74m2 + some alfresco

Rent excluding G.S.T. - $5,361 per month

Outgoings excluding G.S.T. - $576 approx

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

Remodel The store may be relocated within the complex during the redevelopment of the centre. Choice of new location negotiable with landlord or can remain in existing location. Landlord contribution can be expected.

Turnover (Approx.) $727,000 FY2021

SAV approx. $7,000

Trading hours generally 7.30am 9.00pm

Staffing Manager + 12 Sandwich Artists (Varies)

Owner's hours Nil

Reason for selling Retirement

Return to a full-time owner operator is in the vicinity of $165,000 EBITDA

The price has already been discounted by $100,000 to allow for a remodel

Bank finance of up to 60% could be possible to approved applicants

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

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Reg Butler

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Overview

This Franchise Business is one of 330 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 $415,000 + SAV and has been on market for less than 3 months.