- Price: $450,000 + 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 on the main highway, in a small shopping centre, recognized as a popular convenient fast food stop.
Business features include:
Lease - Expires March 2023 with negotiable options
Rent excluding -.-.-. - $4,554 per month
Outgoings excluding -.-.-. - $904 per month
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
Turnover (Approx.) FY2021$760,000
Mon - Sat 7.00am 9.30pm
Sunday 7.00am 9.30pm
Staffing Manager + 8 Casuals (varies)
Owners hour - Nil
Reason for selling Out of state owner
Return to an owner operator is in the vicinity of $170,000 EBITDA (FY2021)
For more information, please contact:
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Kedron is centred on Gympie Road and Kedron Brook, 7 km from the Brisbane CBD.
It is an inner-northern suburb that neighbours the popular leafy suburbs of Stafford, Chermside, Wavell Heights, Wooloowin, Lutwyche, and Nundah.