UNDER OFFER Subway Brisbane CBD! Amid the action! Huge Catering Potential!
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About this business
In the broker's words
Full description, as written by the brokerThe sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion dollar business, with more than 36,000 outlets in 100 countries. Wherever the restaurants are located, the basic menu stays almost the same.
The first restaurant opened in Australia during 1988. Australia is the group's largest market outside North America, with more locations than any other chain.
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 Subway Franchise is located in a prominent building amid an active part of the CBD.
FEATURES INCLUDE:
Lease expires March 2031
Rent excluding G.S.T. is approximately $11,700 per month + $490 outgoings (Good for a centre in this location)
Size is 90m2
Established 2011
3 months rental bond is required
SAV is approx. $10,000
Fit out is current until April 2029
Training is in Brisbane
New 20 year Franchise agreement
Turnover FY 2025 $895,000 (Low 1% 3rd Party Deliveries - potential to expand)
Trading Hours are:
Mon - Fri 7.00am - 5.00pm
Sat - Sun 8.00am - 4.00pm
(Possible to extend to say, 6.00am open to 8.00pm close)
Staffing - Manager + 11 staff (varies)
Approximate return to full time Owner / Operator is in the vicinity of $136,000 EBITDA FY2025
Bank finance of up to 60% to approved applicant/s
Good clean financials
Reg Butler
Key facts
Details are as stated by the broker.
- Business type
- Food Retailer
- Established
- 2011 (from the broker's description)
Details are as stated by the broker in the description and have not been checked by Business For Sale.
Location
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