Subway Franchise - Caboolture Area! Long Lease! Growth Area! $150k Return To Owner/Operator!

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 in the Caboolture region in a midsized suburban shopping centre.

Some business features include:

Long Lease - Expires November 2029 + 2 x 5 year options (great to borrow against)

Rent - $3,952 per month + Outgoings of $503 approx. excluding G.S.T. Near benchmark!

Business size is 60m2 with an outdoor seating area

Franchise term is a new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to settlement

The restaurant is fully up-to-date with the current Fresh Forward remodel.

Turnover is $632,000 (CY2023) with 5% 3rd Party Deliveries!
The restaurant is trading up on the previous year

SAV (Stock At Value) is approximately $8,000

Trading hours are
Mon - Fri 6.30am - 9.00pm
Sat - Sun 8.00am - 9.00pm

Staffing is currently a Manager + 12 Sandwich Artists (varies)

Owner's hours Nil (Multi store owner)

Reason for selling (Diversification)

Return to a full-time owner operator is expected to be in the vicinity of $150,000 EBITDA (FY2023)

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

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au