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Subway Portside Hamilton, Brisbane! Motivated seller who just wants to retire! Development area!

$275,000

  • ID Ref RB512
  • Suburb Brisbane City
  • State QLD
  • Status For Sale
  • Subway Portside Hamilton, Brisbane! Motivated seller who just wants to retire! Development area!

Business Description

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 1200 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.


Portside Wharf is the international cruise terminal, residential and retail development at Hamilton, Brisbane. It is also an upscale residential and retail precinct including restaurants, shops, a large fish shop/cafe, a supermarket, Dendy cinema complex and a public plaza.

The precinct is commonly filled with tourists who arrive by ship, in addition to locals who often arrive by CityCat.

Currently a massive building phase is happening arround the store, with many other large scale projects on the drawing board.

This location, due to the surrounding enterprises and captive traffic flow, will remain popular for years to come.


Franchise features include:

Lease expiring in September 2020 + 5 years option

Rent excluding G.S.T. is $5,008 per month + Outgoings of approx. $250

No Rental Bond / Guarantee

Business Established in 2012

New 20 year Franchise Term

Turnover (Approx.) FY 2019 $570,000

Trading Hours
Mon - Sat 7.00am – 9.00pm
Sunday 8.00am - 8.00pm

Reason for selling - Retirement!

Approx. return to Owner Operators $100,000 EBITDA

ASKING PRICE
$275,000 + SAV (Est. $10,000)

For more information, please contact:

Reg Butler
0438 189 657

Business Features / Snapshot

Your Business Broker

Reg Butler

Business Location

Brisbane City, Queensland 4000