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Subway Franchise, Mid Gold Coast Area, Shopping Centre Location, Remodelled! For Sale

Gold Coast, Queensland, Australia
Asking Price:
$450,000 + SAV
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: $450,000 + 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.

The Subway franchise is located in a major suburban shopping centre with great major road visibility, easy entry, and good parking. This is a local hub!

Business features include:
Lease - Expires March 2027 (Centre does not give options)

Business size - 60m2 + Alfresco

Rent is capped at 11% + GST of sales

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 $8,000

Fit-out Completed 2021

Turnover (Approx.) $17,000 per week average under normal circumstances (Only 2% 3rd Party Delivery sales)

Trading hours daily 8.00am 5.30pm (Thur 9.00pm)

Staffing Manager +12 Sandwich artists (Varies)

Owners hour - Nil (Currently run under full management)

Reason for selling - Rationalizing

Potential return to a full-time owner operator is in the vicinity of $200,000 EBITDA (based on a $900,000 per annum sales level)

Finance of up to 60% may be available to approved applicants

(Photos are symbolic and not of the actual store)

For more information, please contact:
Reg Butler
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[email protected]

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