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Subway Franchise - Mid Gold Coast, Imminent potential! Captive consumer base!
QLD QLD

Subway Franchise - Mid Gold Coast, Imminent potential! Captive consumer base!

Asking price $399,000 + SAV
Industry Food/Hospitality
Location QLD, QLD

About this business

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

This Subway franchise is located amid the action and promises to get better with neighboring construction projects about to commence.

Some business features include:

Lease until 31st August 2026 + 6 year option

Rent - $5,167 per month + GST. ($160 per month optional car park Outgoings)

3% Annual increases

Business size is 50m2

Franchise term is a new 20 year agreement

Fit-out - Current until 2029

Turnover is $700,000 (FY2025) with only 3% 3rd Party Deliveries! Capable of much higher!

Trading hours range daily 7.00am - 9.00pm

Staffing is currently a Supervisor + 10Casual Sandwich Artists

Owner's hours Varies

Reason for selling Retirement / Health

Return to a full-time owner operator is expected to be in the vicinity of $135,000 EBITDA (FY2025)

Finance of up to 60% could be available to approved applicants

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

Detailed financials and trading history are available under a confidentiality agreement.

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Confidential enquiry

Detailed financials, trading history, and lease terms are available under a standard confidentiality agreement. Get in touch with the BBNA broker managing this mandate.

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