Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Subway Franchise, Gympie City, Nice Rural Setting, Remodeled, Long Lease, Low Rent, Suit Owner / Op! For Sale

Gympie, Queensland, Australia
Asking Price:
$395,000 + SAV
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: $395,000 + SAV
- Categories: Food/Hospitality
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 small regional shopping centre, located on the main street, in the thick of the action. Great visibility!

Business features include:
Long Lease - Expires June 2024 + 2 x 5 year options

Rent excluding -.-.-. - $3,870 per month

Outgoings excluding -.-.-. - $43 per month

Franchise term - new 20 year agreement

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

Store will be fully remodelled

Turnover (Approx.) FY21$685,000 (operating on reduced hours and closed Sundays for most of the year)

Trading hours range daily 7.30am 8.00pm

Staffing Manager + 9 casuals (varies)

Owners hour - Nil (Currently run under full management)

SAV approx. $7,000

Reason for selling Downsizing / Semi-retirement

Return to an owner operator is in the vicinity of $125,000 EBITDA (FY2021 normalized trade, with benchmarks achieved)

For more information, please contact:
Reg Butler

(Photo is symbolic)

Gympie is a city about 170 kilometres north of Brisbane in the Wide Bay-Burnett District. It has a population of 21,000.

Gympie is famous for its gold fields.

About 30 minutes' drive east of Gympie is Tin Can Bay. Noosa on the Sunshine Coast is 45 minutes drive

Contact Business Brokers Network Australia

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Business Brokers Network Australia. For more information about how we use your data, read our privacy policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business