Subway Franchise - Jimboomba! Est. $200k Return To Owner/Operator!Low Rent!

6 days ago

Send an enquiry

By clicking on Send you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.
 

Summary

Subway Franchise - Jimboomba! Est. $200k Return To Owner/Operator! Low Rent!

About the Business

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


Subway Jimboomba franchise is located in approximately 48 km south of the Brisbane CBD and housed in a small suburban shopping centre.


Some business features include:

Lease - Expires December 2028. Nil options

Rent - $4,326 per month + Outgoings of $850 approx. excluding G.S.T.

Business size is 72m2

Franchise term is a new 20 year agreement

Fit-out - Current until Dec 2031

Turnover is expected to be in the $900,000 vicinity (FY2025) with only 7% 3rd Party Deliveries!

Trading hours are daily 7.am - 9.00pm

Staffing is currently a part time owned + 11 PT Sandwich Artists

Owner's hours - 5 - 10 hours per week operationally (varies in line with demand)

Reason for selling - Other business interests

Return to a full-time owner operator is expected to be in the vicinity of $200,000 EBITDA (FY2025)

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


For more information, please contact:

Reg Butler
0438 189 657

[email protected]

Share this business

More by this Advertiser
It looks like you’re quite fond of this business. Why not save it so you don’t lose it?
Do not ask again

Share this Ad


Cancel

Report this Ad


Cancel

Get email recommendation

Sign up and we'll send business opportunities straight to your inbox.

Please enter a valid email
By clicking on Submit you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.

We have sent an email to .
Click the link in the email to confirm your email and set your preferences.