Well-located Subway franchise store for sale (under contract)

11 days ago

Everest Commercial Property & Business Brokers

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Summary

Well-known subway store under the same owner in the last 7 years Highly explosive location surrounded by well-established businesses and residential ...

About the Opportunity

Well-known subway store under the same owner in the last 7 years
Highly explosive location surrounded by well-established businesses and residential properties
Average taking $13,500 - $14,000 per week and Weekly rent $1,660 + GST Including outgoings with standard lease renewal options
Annual Turnover (Approx.) $710,000.00 Trading hours: daily 9 am to 8.00 pm
Staff include 01 full-time and 7 Part-timers
Easy to manage with well-trained staff willing to stay on and under semi management
An ideal business to operate under management. More hands-on management will increase sales further.
Vendor selling for Downsizing / Semi-retirement
Low cost, profitable and rewarding business. The franchisor provides full training.

Note: The store is due for the latest soft remodel in mid-2023 and the Vendor expects only $475,000 + SAV

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