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Subway Franchise, Gold Coast Central Area, Nice Rural Setting, Low Rent, Suit Owner / Operator! For Sale

Gold Coast, Queensland, Australia
Asking Price:
$149,000 + SAV
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: $149,000 + SAV
- Categories: Food/Hospitality, Franchise
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 a small regional shopping centre, pivotal to the area.

Business features include:
Lease - Expires March 2026

Rent excluding -.-.-. - $2,292 per month

Outgoings excluding -.-.-. - $225 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

Remodel due mid 2022

Turnover (Approx.) $7,000 per week

Trading hours range daily 8.00am 6.00pm (possible to increase for breakfast and dinner trade)

Staffing Manager + 6 casuals (varies)

Owners hour - Nil (Currently run under full management)

Reason for selling Downsizing / Relocating

Return to an owner operator is in the vicinity of $90,000 EBITDA (based on a $7,000 per week sales level, with benchmarks achieved)

Price is $149,000 + SAV (as is)
Or $199,000 + SAV (fully remodelled)

For more information, please contact:
Reg Butler
---- --- ---

[email protected]

N.B. This business is not suitable to be run under management.

N.B. This business is not suitable for visa purposes

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