Subway - Brisbane Victoria Point, Asking $26,500 only, Good "buy-a-job" store!

13 days ago

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Summary

Subway - Brisbane Victoria Point, Asking $26,500 only, Good "buy-a-job" store!

About the Business

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 1200 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.


Victoria Point Shopping Centre is located on the corner of Bunker & Cleveland-Redland Bay Roads, Victoria Point. It has 1,332 Parking Spaces and 99 Specialty Shops
Major Tenants include K Mart, Coles, Woolworths. Mini-Major Tenants include Best & Less, Terry White Chemists, The Reject Shop. The centre also houses Australia Post and bank branches. There are plenty of reasons for people to visit the centre.

This location, due to the surrounding residential growth and captive traffic flow, will remain popular for years to come.

The Subway kiosk is located outside of Woolworths in the main through-fare. There is also a small dedicated eating area.

Franchise features include:

Lease expiring in 16th August 2023

2 Rental Bond / Guarantee

Business Established in 2009

Remodel due in the near future - expected cost in the vicinity of $25,000

New 20 year Franchise Term

Franchisee training cost $7,500 + GST.

Turnover (Approx.) FY 2019 $350,000

Trading Hours
Mon - Fri 8.00am - 5.00pm (Thurs 8.30pm)
Saturday 8.00am - 4.30pm
Sunday 9.00am - 3.30pm

Return to owner operator approx. $50,000.

Reason for selling - Retirement / downsizing!

Need committed owner operator

ASKING PRICE
$26,500 + SAV (Est. $3,000)

For more information, please contact:

Reg Butler
0438 189 657

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