Subway Franchise Business for Sale Ipswich QLD

Why buy this Subway Franchise Business

Subway Franchise Business for Sale Ipswich QLD Asking: $499,000 + SAV

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

0438 189 657

[email protected]