Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Subway - St Lucia! Desirable Upmarket Suburb! Captive Neighbourhood Shopping And Transport Hub! For Sale

St Lucia, Queensland, Australia
Asking Price:
$350,000 + SAV
Sales Revenue:
Available on request
Cash Flow:
Available on request

• Price: $350,000 + SAV
• Categories: Food/Hospitality
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 in an extremely attractive leafy location, which is a hub for the St Lucia tradies, residents and students in the region. The bus station is very close to the highly visible store's front door.

Business features include:
Lease - Expires 2024 with additional options or new lease Negotiable

Business size 85m2 + Alfresco seating

Rent excluding -.-.-. - $5,877 per month

Outgoings excluding -.-.-. - $1,306 /month Approx.

Franchise term - new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to settlement

Remodel This store could be fully remodeled at settlement if required!

Turnover (Approx.) $581,822 FY2022

Trading hours generally 7.30am 11.00pm (Or 9.00am 9.00pm when Uni is closed)

Staffing Supervisor + 10 Sandwich Artists (Varies)

Owner's hours Nil

Potential includes increasing trading hours, new multi-storey student accommodation under construction. 100's of students at your doorstep

Reason for selling Distance to travel

Return to a full-time owner operator is in the vicinity of $132,000 EBITDA (FY2022)

Price is $350,000 + SAV (as is)

or $490,000 + SAV fully remodelled!

For more information, please contact:
Reg Butler

Contact Business Brokers Network Australia

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Business Brokers Network Australia. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business