Subway Franchise - Henry St, Loganholme! 5 days only! Industrial area! Remodelled!

Franchise Restaurant Retailer Takeaway Food
LOGANHOLME

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.


Business features include:

Lease - Expires August 2026 + 2 x 5 year options

Business size – 181m2 + Alfresco seating

Rent excluding G.S.T. - $3,588 per month

Outgoings excluding $902 per month

Franchise term - new 20 year agreement

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

Remodel – The restaurant has been fully remodelled

Turnover (Approx.) $504,000 FY2024 (LOW 10% 3rd party deliveries)

Trading hours – Monday - Friday 7.00am – 4.30pm

Staffing – Manager + 4 casual Sandwich Artists (Varies)

Owner’s hours – Paid as worked (Approx 15 hours per week)

Reason for selling – Young family

Return to a full-time owner operator is in the vicinity of $140,000 EBITDA (FY2024)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

Business Financials

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Summary

  • Listing ID SQ5812
  • Status For Sale
  • Region SOUTHERN MORETON
  • State Queensland
  • Price $325,000 + SAV

Contact Broker

Reg Butler
Reg Butler

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