Subway Hyperdome Loganholme, New Store, Est $180k To Working Owner Operator! Short Hours!

QLD
Asking Price $475,000
About
Newly built Subway franchise located in the well-known Loganholme Hyperdome in the huge food court area, close to the cinemas.

The restaurant was just opened in December 2022 and boasts a large preparation area geared for catering, school lunches etc.

The recently signed lease runs until late 2029.

Rent is $7,084 per month plus $1,128 outgoings. This is approx. 10% of turnover, which is excellent for a shopping centre of this magnitude

Rental Bond / Guarantee is 3 Month's Rent

A new 20 year Franchise Term is offered

SAV is approximately $8,000

Estimated annual turnover will be in the vicinity of the $860,000 level per annum (based on early and current trading trends)

Trading Hours are generally: Mon - Sat 8.00am - 6.00pm (9pm Thursday), and Sun 10.00am - 4.00pm

Potential return to an owner operator is estimated to be in the vicinity of $180,000 EBITDA per annum for a full 12 month trading year

For more information, please contact:

Reg Butler
xxxxx
Ref Num: 20068
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