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Subway Franchise, Mt Gravatt Area Brisbane, Seeing Good Growth, Suit Owner Operator, Remodelled! For Sale

Mount Gravatt, Queensland, Australia
Asking Price:
$175,000 + SAV
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: $175,000 + 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 an area close to Mt Gravatt

Business features include:
Lease - Expires September 2027.

Rent excluding -.-.-. - $5,520 per month

Outgoings excluding -.-.-. - $800 per month approx.

Rent capped at 3.5% 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

Remodelled store

Turnover (Approx.) FY2023 Currently $12,000 per week

SAV is approx. $5,000

Trading hours Generally 8.30am 8.00pm (can extend)

Staffing Manager + 10 casuals (varies)

Owner's hour Nil (unless required)

Reason for selling Downsizing / Retirement

Potential return to an owner operator is in the vicinity of $120,000 EBITDA (based on current sales of $12,000 per week)

Cash buyer preferred!

Price is $175,000

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

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