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Subway Domain Townsville, Top trading Queensland franchise, Often number 1 sales store!

$750,000 + SAV

  • ID Ref RB312
  • Suburb Townsville
  • State QLD
  • Status For Sale
  • Subway Domain Townsville, Top trading Queensland franchise, Often number 1 sales store!

Business Description

The Franchise was founded in Connecticut, USA, in 1965. The company has since grown into a
multi-billion-dollar business, with approximately 44,000 outlets in over 100 countries.

There are approximately 1,300 restaurants in Australia, with all owned and operated by franchisees.

The low-fat menu containing a range of subs with 6 Grams of Fat or less, is popular with
customers all around the world.


The Franchise is situated in the ever-popular Townsville Domain Homemaker Centre

Domain Central is rural Queensland's largest major outlet and large goods shopping centre, containing 50 stores including major retailers such as Harvey Norman, JB Hi-Fi, Freedom, Lincraft, T K Maxx, and a number of other homemaker, fashion and discount outlets.

The centre and store, has tremendous roadside visibility and ample parking

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


FRANCHISE FEATURES INCLUDE:

CURRENT LEASE
Expires May 2026 + 2 x 5 years options

SIZE OF BUSINESS
100m2 + Drive Thru

RENT excluding G.S.T.
Rent is $8,194 per month

OUTGOINGS excluding G.S.T.
NIL

ANNUAL INCREASES
3%

RENTAL BOND
Nil

BUSINESS ESTABLISHED
2006

NEW FRANCHISEE ENTRY COSTS
Paid by exiting franchisee

TRAINING
3 weeks in Brisbane

FRANCHISE TERM
New 20 year agreement

FITOUT
Current to May 2020

TRADING HOURS
Daily 7.00am – 10.00pm

STAFFING
2 full-time + 20 casuals (varies)

OWNERS HOURS
Store operates under full management

REASON FOR SELLING
Retirement

APPROX RETURN TO OWNER/OP’S
$300,000 + EBITDA

ASKING PRICE
$750,000 + SAV (Est. $10,000) BARGAIN!!!

For more information, please contact:

Reg Butler
0438 189 6

Business Features / Snapshot

Your Business Broker

Reg Butler

Business Location

Townsville, Queensland 4810