Brisbane

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 on the main highway, in a small shopping centre, recognized as a popular convenient fast food stop.

Business features include:

Lease – Expires March 2023 with negotiable options

Rent excluding G.S.T. – $4,554 per month

Outgoings excluding G.S.T. – $904 per month

Franchise term – new 20 year agreement

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

Remodel due

Turnover (Approx.) FY2021 $760,000

Trading hours
Mon – Sat 7.00am 9.30pm
Sunday 7.00am 9.30pm

Staffing Manager + 8 Casuals (varies)

Owners hour – Nil

Reason for selling Out of state owner

Return to an owner operator is in the vicinity of $170,000 EBITDA (FY2021)

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

(Photo is symbolic)

Kedron is centred on Gympie Road and Kedron Brook, 7 km from the Brisbane CBD.
It is an inner-northern suburb that neighbours the popular leafy suburbs of Stafford, Chermside, Wavell Heights, Wooloowin, Lutwyche, and Nundah.