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For Sale

Subway Ayr, T/O $800,000, Very low rent, Very nice "green-scape" NQ Town!

North Queensland , Queensland

Summary


  • For Sale
    Contract Type
  • Queensland
    State
  • $390,000
    Price
  • Food/Beverage Franchise Restaurant Takeaway Food

Features


Description


Ayr is located 88 km south of Townsville on the Bruce Highway and 12km away from the (smaller) town of Home Hill. Ayr has a population of approximately 8,000.

It is within the Burdekin Shire, which produces the most sugar cane per square kilometre in Australia utilizing underground water supplies and water from the Burdekin Dam to irrigate crops when rains fall.

The Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion dollar business, with more than 36,000 outlets in 100 countries. Wherever the restaurants are located, the basic menu stays almost the same.

The first restaurant opened in Australia during 1988. Australia is the group’s largest market outside North America, with more locations than any other chain.

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.


The Ayr Subway outlet is prominently located on the major highway, with plenty of grab and go parking. Excellent for passing travellers and tradies.

KEY FEATURES INCLUDE:

Current Lease expires 31/08/22 with a 5 year option

Size is 142m2 + alfresco seating

LOW Rent excluding G.S.T. is $1,913 per month including outgoings

Established in 2002

Training 3 weeks in Brisbane

New 20 year Franchise agreement

Fit-out is due and expected to cost in the vicinity of $80,000

Annual Turnover is estimated to be $820,000 for FY2021

Trading Hours
(Mon – Thur) 8.00am – 7.30pm
(Friday) 8.00am – 8.00pm
(Sat - Sun) 9.00am – 7.30pm

Staffing -1 full-time owner + 1 full-time supervisor + 11 casuals (varies)

Owners relocating

Approximate return to full time Owner / Operator is in the vicinity of $155,000 (FY2020) EBITDA. The return could be potentially much higher based on the current level of trade.

For more information, please contact:

Reg Butler
0438 189 657
reg.b@businessbrokersnetwork.com.au