Subway Franchise - Mid Sunshine Coast! Lease to 2041, Remodelled! Suit owner operator only!

Franchise Restaurant Retailer Takeaway Food
MOOLOOLABA

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 near Mooloolaba on the Sunshine Coast region in a small roadside shopping centre.


Some business features include:

Long Lease - Expires 2026 + 3 x 5 year options (great to borrow against)

Rent - $3,502 per month + Nil outgoings

Business size is 72m2 with 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

Remodel recently completed

Turnover is approximately $10,000 per week.
Currently No 3rd Party Deliveries!

SAV (Stock At Value) is approximately $8,000

Trading hours range from 8.30am - 8.30pm

Staffing is currently a Manager + 10 Sandwich Artists (varies)

Owner’s hours – Nil

Reason for selling – Moving on

Return to a full-time owner operator is expected to be in the vicinity of $145,000 EBITDA (FY2024)

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

Business Financials

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Summary

  • Listing ID SQ5804
  • Status For Sale
  • Region SUNSHINE COAST
  • State Queensland
  • Price $399,000 + SAV

Contact Broker

Reg Butler
Reg Butler

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