Business Summary
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 a small shopping centre with major exposure. The business has been relatively unaffected by Covid 19 trading conditions
Due to the high traffic volume in the vicinity, this could have the potential to be a 24 hour trading location (tbc).
Business features include:
Lease - Expires June 2023 with 3 x 5 year options
Rent excluding G.S.T. a modest $3,545 per month
Outgoings excluding G.S.T. - $817 per month approx.
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
Remodel completed
Turnover (Approx.) FY2022 $610,000 (Only 15% 3rd party deliveries)
Trading hours
Generally 7.00am 9.00pm
Staffing Manager + 10 Part-timers (varies)
Owners hour Part time
Reason for selling Retirement
Return to an owner operator is in the vicinity of $140,000 EBITDA (FY2022)
For more information, please contact:
Reg Butler
0438 189 657
[email protected]
Property Details