Subway Franchise - Ipswich area, Remodeled, $170k Return To Owner/Operator! Lease to 2031

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 a large suburban shopping centre.


Some business features include:

Lease - Expires may 2031.

Rent - $10,420 per month + Outgoings of $1,300 approx. + $500 Promotions levy excluding G.S.T.

Business size is 98m2

Franchise term is a new 20 year agreement

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

The restaurant will be remodeled prior to settlement

Turnover was $1,178,000 (FY2024) with 20% 3rd Party Deliveries!

Trading hours are
Mon - Wed 7.00am - 9.00pm
Thur - Fri    7.00am - 10.00pm
Sat - Sun 8.00am - 9.00pm

THIS STORE IS CABABLE AND WILL BE SET UP FOR 24 HOUR TRADING

Staffing is currently a Manager, Asst Manager + 14 PT Sandwich Artists

Owner's hours  Nil

Reason for selling  Retirement

Return to a full-time owner operator is expected to be in the vicinity of $170,000 EBITDA (FY2024)

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



For more information, please contact:

Reg Butler
xxxxx

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