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For Sale

Subway - Robina area! Romodelled! EXCELLENT LOW RENT! EXCELLENT LONG LEASE!

Gold Coast , Queensland

Summary


  • For Sale
    Contract Type
  • Queensland
    State
  • $295,000
    Price
  • Food/Beverage Franchise Restaurant Takeaway Food

Features


Description


Subway Franchise, Robina region, Fully Remodelled, T/O $11k per week!

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.


The Subway franchise is located in a strong regional shopping centre with major road access.


Business features include:

Lease - Expires July 2025 + 3 x 5 year options

Business size - 72m2 + Alfresco

Rent excluding G.S.T. - $3,084 per month

Outgoings excluding G.S.T. - Nil

New Franchisee entry costs - Nil

Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement

Fit-out - extensively remodelled in 2020 and should be okay until 2030

Turnover (Approx.) $11,000 per week

Trading hours – Daily 7.00am – 9.00pm

Staffing – Mixture of 12 part-timers and casuals (varies)

Owners hour - Nil (Currently run under full management)

Reason for selling - Rationalizing

Return to an owner operator is in the vicinity of $110,000 EBITDA (based on a $11,000 per week sales level, with benchmarks achieved)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au