Subway Franchise - Mid Gold Coast, Huge potential! Captive consumerbase!

15 days ago

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Summary

Subway Franchise - Mid Gold Coast, Huge potential! Captive consumer base!

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


This Subway franchise is located amid the action and promises to get better with neighboring construction projects about to commence.


Some business features include:

New Lease + options (under discussion)

Rent - $5,167 per month + GST. Nil Outgoings

Business size is 50m2

Franchise term is a new 20 year agreement

Fit-out - Current until 2029

Turnover is expected to be in the $735,000 vicinity (FY2025) with only 3% 3rd Party Deliveries! Capable of much higher!

Trading hours range daily 7.00am - 9.00pm

Staffing is currently a Supervisor + 10Casual Sandwich Artists

Owner's hours - Varies

Reason for selling - Retirement / Health

Return to a full-time owner operator is expected to be in the vicinity of $125,000 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]

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