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 the south-western Sydney suburbs, approx. 50km from the CBD.
It is situated in a major regional shopping precinct amid a hub of activity.
Business features include:
Lease - Expires August 2028. This centre does not give options
Rent excluding G.S.T. - $15,216 per month
Outgoings excluding $170 per month
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
Remodel has just been completed
Turnover (Approx.) FY2023 Averaging $18,000 per week
Trading hours Generally 9.00am 7.30 (Could extend)
Staffing Manager + 13 Part-timers (varies)
Owners hour - Nil
Reason for selling Retiring
For more information, please contact:
Reg Butler
0438 189 657
[email protected]
(Image is representational)
Property Details