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Listing Id: 39492 Last Refreshed: 02/10/2025 Total Views: 0 Broker Ref: 24799

Subway Franchise - Logan area! $200k Return To Owner/Operator! Lease To 2036! Low rent!

Brisbane, QueenslandTake Aways
Asking Price: $705,000
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Reg Butler Business Brokers Network Australia

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Overview

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Reason For Sale

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Description

Please note - IF this is your first store, MOST fast food franchises are suited to "hands-on" owner operators, living within 30 minutes of the business.
Food franchises are not suited to individuals seeking a passive, on the side, income.

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 in the Logan region, about 25 km south of the Brisbane CBD, amid numerous other fast-food operators. The area is popular for medical, educational and industrial pursuits.

Some business features include:

Long Lease - Expires March 2026 + 2 x 5 year options

Rent - $4,470 per month + Outgoings of $1,024 approx. excluding G.S.T.

Business size is 84m2 with a large 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

Restaurant has been remodelled

Turnover is $929,000 (FY2025) with 18% 3rd Party Deliveries!

Trading hours are
Mon - Fri 6.30am - 9.00pm
Sat - Sun 8.00am - 9.00pm

Staffing is currently a Manager + 15 Sandwich Artists 9varies)

Owner's hours Nil (please take note of above comment)

Reason for selling Other business interests

Potential return to a full-time owner operator is expected to be in the vicinity of $200,000 EBITDA (FY2025)

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

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