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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.
Lease term of 15+ years remaining
$54,000 (AUD) per annum
Melbourne Eastern Suburbs
Retail premises with 15+ years lease remaining. Indoor seating for 20+ customers
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.
In immediate area only competition is small cafe's, restaurants & takeaway. No major chains
Multi-unit franchisee looking to rationalize outlets
8am to 9pm (less for weekends)
Franchisor provides fresh 20 years franchise agreement
Franchisor provides full training and support prior to approval as franchise. Vendor can provide further training if required before Subway training
Franchise finance provided by majority of major Banks in Australia at up to 70% of franchise/business value
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