Reaping the benefits of the booming southern Cairns corridor, this Subway Franchise has demonstrated sustained growth since its foundation. Boasting fellow signature anchor tenants, the business is ideally positioned to further profit from new residential and industrial developments in the immediate vicinity.
The current Owner has limited weekly operational input - approximately 10 hours of administration - and has listed his operation for sale in order to pursue southern business interests.
Other features of the business opportunity include:
• Turnkey business with annual turnover in excess of $900K
• Full franchise, marketing and operational support and a new 20 year Franchise Agreement for a Buyer
• Absolute front door parking
• Long lease including options until October 2039 at affordable rental of approx. $50, 648 + GST annually with 3% CPI and no Outgoings
• Local and domestic traveller customer base, boosted by employees currently working in the catchment
• Fully trained team with 1 full-time employee and 10 sandwich artists
• Trading hours 8AM - 8PM, 7 days
• Purchase price includes full fit-out, unencumbered Plant and Equipment and stock
• Subway rated as simply the better choice for freshly made convenient, healthy, affordable food
• Continual, evolving menu
• Great ROI which could be increased significantly by working Owners. Annualised Return to Owner circa $150K under full management.
The southern corridor of Cairns continues to grow exponentially, and such high profile opportunities rarely arise. Working couples and extended families are urged to seriously consider!
