Subway Franchise - Brisbane South West 11 km from CBD! $180k Return To Owner/Operator!

Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with approximately 38,000 outlets in 106 countries.

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 is located in approximately 11 km southwest of the Brisbane CBD in a small suburban shopping centre.


Some business features include:

Lease - Expires April 2024 + 2 x 5 year options

Rent - $4,241 per month + Outgoings of $575 approx. excluding G.S.T.

Business size is 60m2 with an outdoor seating area

Franchise term is a new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to settlement

The restaurant will need to be remodelled. Price vicinity $120 - $150k tbc

Turnover is $756,000 (FY2023) with 16% 3rd Party Deliveries!
The restaurant is trading approx 9% up at the time of posting

SAV (Stock At Value) is approximately $10,000

Trading hours are
Mon - Fri 8.00am - 9.00pm
Sat - Sun 9.00am - 9.00pm range

Staffing is currently a Supervisor + 9 Sandwich Artists (varies)

Owner's hours  Nil

Reason for selling  Retirement

Return to a full-time owner operator is expected to be in the vicinity of $180,000 EBITDA (FY2023)

The business was very marginally affected by Covid 19

Finance of up to 60% could be available to approved applicants.

Price is $360,000 + SAV "as is" Unremodelled

or

$499,000 + SAV Fully remodelled at settlement.


For more information, please contact:

Reg Butler
xxxxx

reg.xxxxx