Brisbane City, Queensland 4000
Subway - Brisbane Bayside area! Huge turnover! Remodeled! EXCELLENT LOW 6.5% RENT!
For Sale | $875,000 + SAV
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 now on offer is one of the larger restaurants in the franchise group.
It is housed in an extremely busy location which is a hub for numerous big name fast-food eateries. This prominent location should remain popular for years to come.
The business has gained a great reputation in the area and has a strong loyal local following.
Presently run under management, owner operators will see phenomenal returns for their efforts. (Please note franchisors generally expect their new franchisees be committed owner operators)
Business features include:
Lease - Expires June 2026
Business size - 70m2 + Alfresco
Rent excluding G.S.T. - $5,033 per month
Outgoings excluding G.S.T. - $575 approx
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
The store is fully remodeled
Turnover (Approx.) $20,000 per week
Trading hours generally 7.00am 9.00pm
Staffing Manager + 1 PPT + 12 Sandwich Artists (Varies)
Owner's hours Nil (Minimal if required)
Reason for selling Retirement
Return to a full-time owner operator is in the vicinity of $290,000 EBITDA (FY2021)
Bank Finance up to 60% against the business could be available to approved applicants
For more information, please contact:
0438 189 657