Saudi Arabia

Post Ad
Listing Id: 34203 Last Refreshed: 30/11/2024 Total Views: 88 Broker Ref: 23072

Subway Franchise - Caboolture Area! Long Lease! Growth Area! $150k Return To Owner/Operator!

Brisbane, QueenslandTake Aways
Asking Price: $450,000
Business For Takeover
Look For Investor
Look For Partner
Reg Butler Business Brokers Network Australia

Call Broker

Email Broker

Businesses Viewed

Recommended Businesses

  • Overview
  • Reason For Sale
  • Description
  • Premium Buyer

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

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 in the Caboolture region in a midsized suburban shopping centre.

Some business features include:

Long Lease - Expires November 2029 + 2 x 5 year options (great to borrow against)

Rent - $3,952 per month + Outgoings of $503 approx. excluding G.S.T. Near benchmark!

Business size is 60m2 with an outdoor seating area

Franchise term is a new 20 year agreement

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

The restaurant is fully up-to-date with the current Fresh Forward remodel.

Turnover is $632,000 (CY2023) with 5% 3rd Party Deliveries!
The restaurant is trading up on the previous year

SAV (Stock At Value) is approximately $8,000

Trading hours are
Mon - Fri 6.30am - 9.00pm
Sat - Sun 8.00am - 9.00pm

Staffing is currently a Manager + 12 Sandwich Artists (varies)

Owner's hours Nil (Multi store owner)

Reason for selling (Diversification)

Return to a full-time owner operator is expected to be in the vicinity of $150,000 EBITDA (FY2023)

Finance of up to 60% could be available to approved applicants.

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

Premium Buyer

Send Enquiry
Please send enquiry in English
Your Name*
▼
Mobile Number*
Email*
Message
All listings, including descriptions, data, and images, are provided by the seller or their representatives. We do not verify the accuracy, completeness, or authenticity of any information and offer no guarantees or warranties. Any disputes, claims, or decisions arising from the information provided in listings are solely between buyers and sellers.
/

Just a moment... we are processing the request