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Listing Id: 39493 Last Refreshed: 02/10/2025 Total Views: 0 Broker Ref: 24800

Subway Franchise - Logan area! $23k per week turnover! Lease To 2042! Low rent!

Brisbane, QueenslandTake Aways
Asking Price: $755,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Please note - IF this is your first store, MOST fast food franchises are suited to "hands-on" owner operators, living within 30 minutes of the business.
Food franchises are not suited to individuals seeking a passive, on the side, income.

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 in the Logan region, about 32 km south of the Brisbane CBD, amid numerous other fast-food operators. The area is popular for industrial and rural pursuits.

Some business features include:

Long Lease - Expires February 2032 + 2 x 5 year options

Rent - $4,507 per month + Outgoings of $868 approx. excluding G.S.T.

Business size is 78m2 with a large outdoor seating area

Franchise term is a new 20 year agreement

No prior experience is needed. Full training is provided by the franchisor prior to settlement

Restaurant has been remodelled

Turnover is $1,200,000 (FY2025) with 18% 3rd Party Deliveries!

SAV is approx. $15,000

Trading hours are
Mon - Fri 6.30am - 9.00pm
Sat - Sun 8.00am - 9.00pm

Staffing is currently a Manager + 15 Sandwich Artists (varies)

Owner's hours Nil (please take note of above comment)

Reason for selling Other business interests

Potential return to a full-time owner operator is expected to be in the vicinity of $215,000 EBITDA (FY2025) (factoring in newly negotiated rent saving)

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
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