New South Wales
Subway - Lismore Square Shopping Centre! Price to sell! Only $60,000 + SAV! Excellent opportunity!
For Sale | $60,000
Australia is the SUBWAY® brand's largest market outside North America, with more locations (over 1300) than any other chain.
Lismore is a city in north-eastern New South Wales and the main population centre in the City of Lismore local government area with a population of 28,700.
Lismore is located 734 km north of Sydney, 200 km south of Brisbane and 46 km south-west of Byron Bay
It is also a regional centre in the Northern Rivers region of the State.
Lismore Shopping Square is the Northern River's biggest shopping centre and offers fully air-conditioned comfort and city style shopping with country service.
They are the home to over 75 specialty retailers and four major stores (Woolworths, Big W, Coles, KMart), as well as the Lismore Car Boot Markets.
Business features include:
New 5 year lease on offer by the landlord
Business size - 59m2, situated on the outer side of a large food-court
Rent excluding G.S.T. is $5,000 per month (great for this key location)
Outgoings excluding G.S.T. - $930 per month approx.
No rental bond
Established since 2007
New Franchisee entry costs - $7,500 + GST
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
Fit-out - due (Cost is covered)
Turnover (Approx.) FY2020 $590,000
Mon - Fri 9.00am 5.30pm (Thurs 8.00pm)
Saturday 9.00am - 4.30pm
Sunday 10.00am - 3.00pm
Staffing - 8 casuals (varies)
Owners hour - 20 hours
Reason for selling - Other interests
Return to a full-time owner operator is in the vicinity of $130,000 EBITDA (Based on the FY2019 trading year)
For more information, please contact:
0438 189 657