Business Summary

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.


This Subway franchise is situated amid a cluster of activity drawing people to the area

It is situated in a small roadside shopping centre, with great roadside exposure.


KEY FEATURES:

Current Lease expires April 2025 + 3-year option

Size is 53m2 + alfresco dining

Rent excluding G.S.T. is $4,110 per month + $350 outgoings

No rental bond is required

SAV approx. $8,000

Long established and well known in the region

Training 3 weeks in Brisbane

New 20 year Franchise agreement

Restaurant is due to be remodelled. Estimate is ($40,000 tbc) Owner is prepared to do this at additional cost

Annual Turnover (Approx.)
FY 2022 $827,0000

Trading Hours
Mon - Sat 7.00am 9.00pm
Sunday 8.00am - 9.00pm

Staffing - Fulltime owner + 11 Part-time Sandwich Artists (varies)

Approximate return to full time Owner / Operator is in the vicinity of $175,000 EBITDA FY2022

Bank finance of up to 60% may be available to approved applicants

Price is $475,000 + SAV (Fully remodelled)
Or $399,000 + SAV "as is"


For more information, please contact:

Reg Butler
0438 189 657

(Photos are representational)

Property Details