- Price: $750,000 + SAV
- Categories: Food/Hospitality
Sarina, Queensland, is a charming rural town nestled in the Mackay region, approximately 37 kilometers south of Mackay along the Bruce Highway, with a wider catchment area of 12,500 people + plus Bruce Highway passing traffic.
Known as the heart of Australia's sugar industry, this vibrant community blends rich agricultural heritage with breathtaking natural beauty, making it a captivating destination for locals and visitors alike.
The town's economy is deeply rooted in sugar cane farming, anchored by the historic Plane Creek Sugar Mill, which has operated since 1896.
With its unique blend of industrial heritage, coastal access, and community spirit, Sarina remains a quintessential slice of tropical Queensland charm.
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 franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.
Subway Sarina features include:
Lease - Expires February 2028 + 2 x 5 year options (Until 2038 in total)
Business size TBA m2 + adjacent centre alfresco seating
Rent excluding -.-.-. - $3,281 per month
Outgoings excluding $470 per month
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
Remodel: The restaurant will be extensively remodelled prior to settlement / a new franchisee taking possession.
Turnover (Approx.) $1,070,000 (FY2026)
No 3rd party deliveries
Trading hours Daily 6.30am - 9.00pm.
Staffing Manager + 13 casual Sandwich Artists (Varies)
Owner's hours - Nil Out-of-town owner
Reason for selling - Downsizing
Potential return to a full-time owner operator is in the vicinity of $250,000 EBITDA (FY2026) (in line with typical benchmarks)
Detailed financials and trading history are available under a confidentiality agreement.
