Listing status: Inactive

Payment not completed Reason: --

Subway Franchise Westfield Helensvale, Back On The Market! Remodelled, RTO $175,000, Fair Rent!

Preview Listing

Location Details :

Country

Australia

State

Queensland

City

--


Industry :
Professional
Sub Industry :
Brokerage

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with more than 40,000 outlets in 100 countries.

There are presently in excess of 1300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.

Westfield Helensvale is located in a thriving growth corridor of South East Queensland, 25 kilometres north-west of Surfers Paradise and 62 kilometres south of Brisbane.
Strategically located at the junction of two major highways, the centre can be accessed easily by the trade area population of 335,000 residents.

Westfield Helensvale is home to Kmart, Target, Coles, Woolworths and ALDI as well as a selection of approximately 180 specialty retail stores.

The franchise offered is located in the centre's main food court. No tables and chairs to worry about. Low energy costs!


Business features include:

Lease until September 2025

Business size - 42m2 + on-location storage

Rent excluding G.S.T. - $6,600 per month + $1,100 outgoings per month. Great for a Westfield with what it has to offer. Guaranteed foot traffic!

New Franchisee entry costs - Nil

Franchise term - new 20-year agreement

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

Remodel was extensively completed in September 2019

Equipment will be sold unencumbered

Annual Turnover for FY2021 was $765,000

Trading hours daily are 8.00am 5.30pm (9.00 pm on Thursday)

Staffing Manager + 12 casuals (varies)

Currently run under management, great potential for hands on operator/s.

Reason for selling Multistore owner rationalizing within the brand

Return to owner operator is in the vicinity of $175,000 EBITDA (FY2021)

Finance of up to 60% may be available to approved applicants

For more information, please contact:


Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au



(N.B. this business is not suitable for 491 Visa purposes. All new franchisees are expected to be committed owner operators)

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Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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