Subway Franchise, Gold Coast, $30k per week TO, Prominent location, Near $400k EBITDA profit!

TAS
Asking Price $1,000,000
About
This Subway franchise is located in a major northside shopping centre

Lease to March 2030. Nil options

Rent is $11,725 per month + $560 promotions levy

Rental Bond / Guarantee - approx. 3 Month's Rent

Business Established in 2016

Due for remodel - Due March 2023 (Minimal cost)

New 20 year Franchise Term

Turnover (Estimated FY2023) $1,500,000

Trading Hours - Generally 8.00 - 9.00pm

Potential return to an owner operator is approximately $400,000 (FY 2023) based on current indications

SAV approximately $15,000

Reason for selling  Owner has other interests


If this is for you, please contact:

Reg Butler
xxxxx
Ref Num: 19536
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