Subway - Gold Coast Southside! Low rent! Back on the market!

For Sale | $69,000 + 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 40,000 outlets in 100 countries.

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.

This business is located towards the southern end of the Gold Coast, in a prominent location with great exposure and ample parking.

Business features include:

Lease - Expires November 2021 + 3 year option

Business size - 61m2 + Alfresco (5 tables and 10 chairs)

Rent excluding G.S.T. - $3,488 per month

Outgoings excluding G.S.T. - Nil

Rental Bond - Nil

Business well established - 15 years

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 (The responsibility of the new franchisee)

Equipment will be sold unencumbered

Annual Turnover (Approx.) $430,000 FY2019

SAV is approximately $4,000

Trading hours - Generally 6.30am 7.30pm

Staffing - Owners + 6 casuals (varies)

Reason for selling - Other business Interests

Return to owner operator is in the vicinity of $80,000 EBITDA profit per year for one owner working 40 hours per week

Suitable for Australian and NZ citizens and PERMANENT Visa holders

Price is $69,000 + transfer fee (NON-NEGOTIABLE)

Genuine enquiries only!

For more information, please contact:

Reg Butler
0438 189 657




Reg Butler

Marketing By

Reg Butler

Business Brokers Network


This Franchise Business is one of 140 businesses for sale in Gold Coast, Queensland, and one of 17 Franchise Businesses in this region that a business for sale currently has on offer. This Franchise Business is for sale in Gold Coast for the asking price of $69,000 + SAV and is new to the market.