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 being offered is located in a strong regional fast food shopping hub! Many of the surrounding tenants operate 24 hours a day.
Business features include:
Lease - Expires late 2025 + 2 x 7 year options
Business size - 70m2 + Alfresco
Rent excluding G.S.T. - $4,500 per month
Outgoings excluding G.S.T. $300 per month
New Franchisee entry costs - Nil
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior
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$695,000
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