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.
The Subway franchise is located in a major suburban shopping centre with great major road visibility, easy entry, and good parking. This is a local hub!
Business features include:
Lease - Expires March 2027 (Centre does not give options)
Business size - 60m2 + Alfresco
Rent is capped at 11% + GST of sales
New Franchisee entry costs - Nil
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
SAV approximately $8,000
Fit-out Completed 2021
Turnover (Approx.) $17,000 per week average under normal circumstances (Only 2% 3rd Party Delivery sales)
Trading hours daily 8.00am 5.30pm (Thur 9.00pm)
Staffing Manager +12 Sandwich artists (Varies)
Owners hour - Nil (Currently run under full management)
Reason for selling - Rationalizing
Potential return to a full-time owner operator is in the vicinity of $200,000 EBITDA (based on a $900,000 per annum sales level)
Finance of up to 60% may be available to approved applicants
(Photos are symbolic and not of the actual store)
For more information, please contact:
Reg Butler
0438 189 657
[email protected]
Property Details