Businesses for Sale

Buy your next business via bsale
My Account: Sign In

Subway franchise - Very close to Brisbane CBD! Growth m...

Business for Sale

The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with more than 40,000 outlets in 100 countries. There are presently in

Price $399,000

Subway franchise - Very close to Brisbane CBD! Growth mode business!

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with more than 40,000 outlets in 100 countries.

There are presently in excess of 1300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.

The suburb has many mid - high-rise apartment buildings. Very close to public transport entry point, notable eatery location.

Customers are drawn from locals, students, tradies, commuters, office workers - everyone!!!


The franchise offered is located in the thick of the action.


Business features include:

Very long lease - Expires August 2021 + 2 x 5 year options

Business size - 70m2 + Alfresco tables + seats

Rent excluding G.S.T. - $5,174 per month

Outgoings excluding G.S.T. - Nil

Business well established

New Franchisee entry costs - Nil

Franchise term - new 20 year agreement

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

Fit-out - Remodel due!

Equipment will be sold unencumbered

Annual Turnover for FY2020 was approximately $700,000

Trading hours
Mon - Fri 7.00am 8.30pm (Could extend)
Saturday 8.00am - 8.00pm
Sunday 9.00am - 7.30pm

Staffing - Manager/s + 7 casuals (varies)

Currently run under management, great potential for hands on operator/s.

Reason for selling - Scaling down

Return to owner operator is in the vicinity of $170,000 EBITDA

Asking price is $399,000 as as, or $499,000 remodelled


For more information, please contact:


Reg Butler
0438 189 657

Contact Seller

Logo

Contact: Reg Butler
Mobile: 0438 189 657

Bsale ID: 273877
Agent ID: 10033




Similar businesses for sale that may interest you:
NEW

Brisbane’s Most amazing Korean Restaurant – NOW FOR...

BRISBANE, Brisbane, QLD Business for Sale $1,280,000

THIS IS WHAT’S GREAT: -Established Korean Restaurant in Brisbane -Running since 2011 -Big six figure profits -Huge following - loved by everyone -Google users awarded the high score of 4.2 out of 5!

Food - Restaurant For Sale | Food - Supermarket, Butcher, Fruit, Bakery, Deli | Food - Takeaway Shops For Sale Bsale ID 274161

Numberworks'nwords Tuition Franchise

Brisbane, Brisbane, QLD Franchise for Sale $80,000

Territories available on the south side of Brisbane for a passionate educator to launch a NumberWorks'nWords Centre - Specialist Maths and English Tuition.

Education, Children Services, Employment & Training | Franchises and Business Opportunities | Services - General Bsale ID 191563

The Yiros Shop | Brisbane, Qld

Brisbane , Brisbane, QLD Franchise for Sale $300,000

Yia Sou! Hello! Welcome to The Yiros Shop! The Yiros Shop brings you a new age of fast, fresh and authentic Greek foods and dishes filled with traditional and delicious tastes and flavours.

Food - Franchise Outlets | Food - Restaurant For Sale | Food - Takeaway Shops For Sale Bsale ID 252270

Send this post to a friend