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 being offered is located in a strong regional fast food shopping hub! Many of the surrounding tenants operate 24 hours a day.
Business features include:
Lease - Expires late 2025 + 2 x 7 year options
Business size - 70m2 + Alfresco
Rent excluding G.S.T. - $5,050 per month
Outgoings excluding G.S.T. $300 per month
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
Current to 2029
Turnover (Approx.) $1,250,000 FY2022
Trading hours Daily 8.00am 9.00pm (Could extend up to 24 hours per day)
Staffing Manager + 1 PPT + 12 casuals (varies)
Owners hour - Nil (Currently run under full management)
Reason for selling New Business Venture / Rationalizing
Bank Finance of up to 60% against the business may be possible to approved applicants
Return to an owner operator is in the vicinity of $225,000 EBITDA (based on FY2022 estimate)
For more information, please contact:
Reg Butler
0438 189 657
[email protected]
Please note - this business is not suitable for 491 Visa purposes. New franchisees are expected to be committed owner operators.
(Photo is symbolic)
Property Details