Location:Brisbane City 4000 > Brisbane - Greater > Queensland
Investment level:$425,000 + SAV
Industry:Food & Drink > Takeaway & Casual Dining
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Subway Franchise - Remodeled! Close To Brisbane CBD! $17k Sales Per Week! Possible 24 Hour Site!
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 1300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.This suburb has many mid - high-rise apartment buildings. Very close to public transport entry point, notable eatery location.Customers are drawn from locals, students, tradies, commuters, office workers - everyone!!!The franchise offered is located in the thick of the action.Business features include:Very long lease - Expires October 2021 + 2 x 5 year optionsBusiness size - 70m2 + Alfresco tables + seatsRent excluding G.S.T. - $5,174 per monthOutgoings excluding G.S.T. - NilBusiness well established and known in the areaNew Franchisee entry costs - NilFranchise term - new 20 year agreementNo prior experience is needed. Full training is provided by the franchisor prior to settlementRemodel will be completed prior to settlementEquipment will be sold unencumberedAnnual Turnover (FY 2021) Almost $900,000Trading hoursMon - Fri 7.00am - 8.30pm (Could extend to 24 hours)Saturday 8.00am - 8.00pmSunday 9.00am - 7.30pmStaffing - Manager/s + 7 casuals (varies)Currently run under management, great potential for hands on operator/s.Reason for selling - Scaling downReturn to owner operator is in the vicinity of $155,000 EBITDAAsking price is $425,000 (fully remodelled) + SAVFor more information, please contact:Reg Butler0438 189 firstname.lastname@example.org(Photo is representational)
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