- 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
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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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