Business Summary

Redland Bay is a township some 35 km south-east of Brisbane and 26 km east of Logan. In the 2011 census, Redland Bay recorded a population of 13,624 people. This is a fast growing area!

Redland Bay has remained a farming and fishing-based area until the mid-20th century when some of the farms were subdivided and improved transport infrastructure made it possible for residents.

The township has long been the port for vessels plying the bay islands including, Russell Island, Macleay Island, Karragarra Island, Lamb Island and North Stradbroke Island, home to several thousand residents enjoying an idyllic, sub-tropical lifestyle.



The 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.


Subway Redland Bay is a neat tidy sandwich franchise situated, in a fairly laid back relaxed location, not far from the water and island ferry terminals

The Franchise is situated on a small roadside shopping centre on Broadwater Terrace, with great roadside exposure.


KEY FEATURES:

Current Lease expires June 2023 + 5-year option

Size is 72m2 + alfresco dining

Rent excluding G.S.T. is $2,840 per month including outgoings

No rental bond is required

SAV approx. $6,000

Established in 2011 by the current owner

Training 3 weeks in Brisbane

New 20 year Franchise agreement

Restaurant has just been fully remodeled

Annual Turnover (Approx.)
FY 2022 $660,000

Trading Hours
Mon - Tue 7.00am 8.00pm
Wed - Thur 7.00am - 8.30pm
Fri - Sat 8.00am - 9.00pm
Sunday 8.00am - 8.00pm

Staffing -1 full-time + 11 casuals (varies)

Owner retiring after many years


Approximate return to full time Owner / Operator is in the vicinity of $160,000 EBITDA FY2022 with control of costs


For more information, please contact:

Reg Butler
0438 189 657

(Photos are representational)

Property Details