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Listing Id: 38247 Last Refreshed: 02/08/2025 Total Views: 42 Broker Ref: 24407

Subway Franchise - Mid Sunshine Coast! Lease to 2041, Remodelled! Suit owner operator only!

Sunshine Coast, QueenslandTake Aways
Asking Price: $399,000
Business For Takeover
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Reg Butler Business Brokers Network Australia

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  • Description
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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 near Mooloolaba on the Sunshine Coast region in a small roadside shopping centre.

Some business features include:

Long Lease - Expires 2026 + 3 x 5 year options (great to borrow against)

Rent - $3,502 per month + Nil outgoings

Business size is 72m2 with 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

Remodel recently completed

Turnover is approximately $10,000 per week.
Currently No 3rd Party Deliveries!

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

Trading hours range from 8.30am - 8.30pm

Staffing is currently a Manager + 10 Sandwich Artists (varies)

Owner's hours Nil

Reason for selling Moving on

Return to a full-time owner operator is expected to be in the vicinity of $145,000 EBITDA (FY2024)

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

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