Subway Victoria Point Kiosk Brisbane, Only $27,500 + SAVBrisbane Central , Queensland
- For SaleContract Type
- $27,500 + SAVPrice
Food/Beverage Franchise Restaurant Takeaway Food
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.
This Subway kiosk is located conveniently outside of Woolworths in the main through-fare. There is also a small, dedicated eating area.
Lease expires 16th August 2023. This centre does not give options. The franchisor currently carries the head lease and there is usually not an issue renewing.
Rent almost $4,950 per month + $300 per month outgoings
Rental Bond / Guarantee - 2 Months if secured against property. Otherwise a 6 months Rental Bond will be required
Business Established in 2009
Remodel due in line with the lease (tbc)
New 20 year Franchise Term
Turnover (Approx.) FY 2019 $350,000
SAV approximately $4,000
Mon - Fri 8.00am - 5.00pm (Thurs 8.30pm)
Saturday 8.00am - 4.30pm
Sunday 9.00am - 3.30pm
Return to an owner operator before wages was approximately $120,000. (FY 2019) Buyer will need to determine their own staffing requirements
The business needs a committed owner operator (Not suitable for non-residents)
ASKING PRICE is $27,500 and includes the transfer fee
Potential buyers will also need to demonstrate to the franchisor that they have $20,000 working capital
The business is suitable to a full-time working owner/operator with minimal staffing requirements
Reason for selling – Too small for current multistore owners to bother with
If this is for you, please contact:
0438 189 657
Victoria Point Shopping Centre is located on the corner of Bunker & Cleveland-Redland Bay Roads, Victoria Point. It has 1,332 Parking Spaces and 99 Specialty Shops
Major Tenants include K Mart, Coles, Woolworths. Mini-Major Tenants include Best & Less, Terry White Chemists, The Reject Shop.
The centre also houses Australia Post and bank branches.
There are plenty of reasons for people to visit the centre.