Subway Franchise Elermore Vale, Newcastle, NSW

9 days ago

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Summary

Business ID: CTOC1545Opportunity to Own a Popular Franchise in a busy growing suburb of Newcastle.Heres a rare opportunity for an astute buyer. Multi-unit owners downsizing, selling their Elermore ...

Location Details

CTOC1545

About the Opportunity

Business ID: CTOC1545

Opportunity to Own a Popular Franchise in a busy growing suburb of Newcastle.

Here’s a rare opportunity for an astute buyer. Multi-unit owners downsizing, selling their Elermore Vale store below set-up cost. Ideal franchise for a husband and wife team. Good profits to owner operator/s with potential to increase with hands on management.

-Turnover $363,000 + p.a ex GST

-Established in same location for approx 5years

-Located in main shopping centre, which has just been recently renovated

-Positioned on the external face of the centre with outdoor seating

-New development plans for multi-level motel style accommodation on top of Shaft Tavern, which is situated near store

-Lease in place until April 2021 plus 7 year option to 2028

-Monthly rent $3,699+ gst includes all outgoings and promotion levy

-Shop fit out is like new, only 5years oldAll fixtures, fittings, equipment and smallwares included in price

-Well-trained staff in place willing to stay on

-Low transfer fee includes training and support from Subway Franchisor

The business is not only in a great location in Newcastle, but comes with everything needed to continue running this sought after franchise from day one. Suits owner operator/s to give this business a hands on approach to boost profits.

Will not last long at this price, enquire today!

Price $89,000

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