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- Price: $225,000 + SAV
- Categories: Food/Hospitality, Retail
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 suburban shopping centre with great major road visibility, easy entry, and good parking. Major draw tenants close-by, within eyesight!
Business features include:
Lease - Expires March 2022 + 2 x 5 year options
Business size - 70m2 + Alfresco
Rent excluding -.-.-. - $2,917 per month
Outgoings excluding -.-.-. - $312 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
SAV approximately $5,000
Fit-out Store remodel due
Turnover (Approx.) $11,000 per week (minimal delivery)
Trading hours daily within 7.00am 8.30pm
Staffing Manager +9 Sandwich artists (Varies)
Owners hour - Nil (Currently run under full management)
Reason for selling - Downsizing
Return to a full-time owner operator is in the vicinity of $140,000 EBITDA (based on a $11,000 per week sales level)
Finance of up to 60% may be available to approved applicants
$225,000 + SAV AS IS!
$299,000 + SAV Fully Remodelled!
For more information, please contact:
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