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Subway Townsville, Captive Customer Base, Priced To Sell, Potential To Improve!

Subway Townsville, Captive Customer Base, Priced To Sell, Potential To Improve!

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Preview Listing

Location Details :

Country

Australia

State

Queensland

City

--


Industry :
Food/Hospitality
Sub Industry :
Restaurant

The Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion dollar business, with more than 36,000 outlets in 100 countries. Wherever the restaurants are located, the basic menu stays almost the same.

The first restaurant opened in Australia during 1988. Australia is the group's largest market outside North America, with more locations than any other chain.

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

This is a great level entry opportunity for an astute operator to take advantage and control of this Franchise.

Positioned on a major road with great visibility and plenty of neighbouring activity.


FEATURES INCLUDE:

Current Lease - December 2030 = 3 x 5 year options

Rent excluding G.S.T. is $4,982 + $1,033 per month outgoings

3 months rental bond

Established in 2006

The store needs to be remodelled. Approx cost per owner is $80,000. This will need to be completed with 6 - 12 months of take-over

Training 3 weeks in Brisbane

New 20 year Franchise agreement

Annual Turnover is the vicinity of $1,000,000 FY2022

Trading Hours are:
Daily 7.00am 11.00pm (normally)

SAV approximately $10,000

Staffing - Manager + 8 casuals (varies)

Owner is selling due to relocation from Townsville

For more information, please contact:

Reg Butler / Glenn Robertson
0438 189 657

reg.b@businessbrokersnetwork.com.au

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Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

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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$295,000 + SAV

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