Subway Franchise - Sunshine Coast, Remodelled, long lease, Near $1,000,000 Turnover!
Subway Franchise - Sunshine Coast, Remodelled, long lease, Near $1,000,000 Turnover!
Industry :
Food/HospitalitySub Industry :
RestaurantSubway 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 on the Sunshine Coast amid other fast-food eateries, and well known to the area!
Some business features include:
Very Long Lease until July 2030 + 3 x 5 year options - taking the lease to 2045
Rent - $4,475 per month + GST. Outgoing $1,610 + GST per month
Business size is 59m2
Franchise term is a new 20 year agreement
Fit-out - Current until 2035
Turnover near $970,000 (FY2026 estimate) Near 25% 3rd Party Deliveries
Trading hours range daily from 8.00am - 9.00pm
Staffing is currently Manager + 18 Casual Sandwich Artists (varies)
Owner's hours Nil (unless required)
Reason for selling Other business interest
Return to a full-time owner operator is expected to be in the vicinity of $150,000 - $180,000 EBITDA (FY2025 / 2024) with control of costs
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
Queensland
Australia
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$495,000 + SAV
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
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Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
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