- Price: $50,000 + SAV
- Categories: Food/Hospitality
PLEASE READ THIS INFORMATION FULLY BEFORE SUBMITTING AN ENQUIRY!
CASH BUYER ONLY!
SUIT DEDICATED OWNER OPERATOR!
LIMITED FINANCIALS AVAILABLE!
Stanthorpe is located south of Brisbane near the NSW / QLD border. It has a population of approximately 5,000.
The Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion dollar business, with more than 36,000 outlets in 100 countries. Wherever the restaurants are located, the basic menu stays almost the same.
The first restaurant opened in Australia during 1988. Australia is the group's largest market outside North America, with more locations than any other chain.
There are presently approximately 1300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.
KEY FEATURES INCLUDE:
LONG Lease expires 12/2024 with 3 x 5 year options
Size is 82m2
LOW Rent excluding -.-.-. is $2,100 per month + $500 outgoings (approx)
Established in 2019 - only 5 years old!
Training 3 weeks in Brisbane
New 20 year Franchise agreement
Fit-out is current until March 2029
Annual Turnover FY2024 is in the vicinity of $580,000
Trading Hours - Daily 7.30am - 8.30am
SAV approximately $8,000
Staffing -1 full-time manager + 9 casuals (varies)
Approximate return to full time Owner / Operator is in the vicinity of $125,000 + EBITDA.
Price is $50,000 + SAV "as is"
For more information, please contact:
Reg Butler
