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Subway In Eastern Suburbs Of Melbourne For Sale

Melbourne Eastern Suburbs, Victoria
Asking Price:
$315,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$250K - $500K (AUD)

Subway outlet that has been trading for 4 years. Has 15+ years remaining on lease.

Turnover averages just under $9k per week (exc GST) and sales have been growing at 10%+ on average over the past 3 years. Rent affordable at less than 12% of current turnover.

Franchise has been owned from scratch by the same owner who is a multi-unit franchisee and this outlet operates under full management. This is a huge outlet with a massive dining area.

This is an excellent entry level outlet with the potential for this store to begin your Subway journey and expand in the future. This outlet presents a great opportunity to enter this worldwide franchise system at the ground level which is getting ready for a large launch with a loyalty program that is already showing massive improvements in turnover in other territories.

Further information available upon request, please contact seller for more details.

Property information

Real Estate:

Lease

Lease Terms:

Lease term of 15+ years remaining

Leasehold Rent:

$54,000 (AUD) per annum

Living Accommodation:

N/A

Location:

Melbourne Eastern Suburbs

Premises Details:

Retail premises with 15+ years lease remaining. Indoor seating for 20+ customers

Size in square feet:
150m2+
Planning Consent:

N/A

Business Operation

Expansion Potential:

The premises has a large unused room at the rear that could be used as an office or a base for multiple outlets. Alternatively could look to sub-lease this area to reduce rental expense further.

Competition / Market:

In immediate area only competition is small cafe's, restaurants & takeaway. No major chains

Reasons for selling:

Multi-unit franchisee looking to rationalize outlets

Trading hours:

8am to 9pm (less for weekends)

Employees:
7
Years established:
3 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchisor provides fresh 20 years franchise agreement

Other Information

Support & training:

Franchisor provides full training and support prior to approval as franchise. Vendor can provide further training if required before Subway training

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Franchise finance provided by majority of major Banks in Australia at up to 70% of franchise/business value

Furniture / Fixtures value:
$150,000 (AUD) - included in the asking price
Inventory / Stock value:
$5,000 (AUD)

Contact Information

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