- Price: $225,000 + 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 Moorooka Subway franchise is located approximated 9 km south of the Brisbane CBD on the ever-busy Ipswich Road.
Business features include:
Lease - Expires August 2028 + 3 X 5 year options
Rent excluding -.-.-. - $3,852
Outgoings excluding -.-.-. - Nil
Rent increases capped at low 3% per annum
Rental Bond - 3 month's rent
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
The restaurant is new and remodel not expected until August 2031
Turnover (Approx.) FY2024$520,000
SAV is approx. $6,000
Trading hours
Mon - Fri 6.00am - 8.00pm
Sat - Sun 8.00am - 3.00pm
Staffing Manager + 1 Part-timers + 6 Sandwich Artists (varies)
(This business is ideally suited to a working couple, in addition to a few casuals)
Owner's hour Nil (Out of town, Multi store owner)
Reason for selling Downsizing
Potential return to an owner operator is in the vicinity of $120,000 EBITDA (FY2024)
(More to a working couple)
Financials available
