SUMMARY
Turnover $1.1M per annum (Ex GST) (approx.). Net to 1 owner $217K per annum (approx.). Established 13 years (approx.). Long 5 years lease commencing November 2023 + a 5 years option. Low rent at approximately 7% of turnover. High profile shop position.
ABOUT THE OPPORTUNITY
The menu for this franchise business, broadly consists of various 6” and 12” subs with various breads, varieties of salads, various cookies and soft drinks. The specific Subway menu comprises the: 6 Grams of Fat or Less Range, like chicken strips, chicken teriyaki, ham, roast beef, Pulled Pork and Turkey; The General Sub Range, like chicken & bacon ranch melt, chicken classic, chicken parmigiana melt, chicken schnitzel, Italian BMT, meatball, pizza club with cheese, steak & cheese, Subway seafood, tuna and veggie patty; Breakfast Subs, like egg & cheese, ham, egg & cheese, ham poached egg & cheese, shortcut bacon, egg & cheese, and shortcut bacon, poached egg & cheese. Coffee is also included in the menu.
The business is very simple to run, the franchisor taking care of marketing, new product development, corporate imaging, etc.
LOCATION DETAILS
The premises are situated in a high-profile open-air single level service station complex on a busy road. The premises possess 180 degrees exposure to the carpark, with signage having exposure the busy road. There is ample parking surrounding store, which belongs to the complex. The surrounding area appears to be family orientated, but also comprises many professional people.
Some of the nearby businesses to the store and within the complex include, an Ampol Service Station, McDonalds including Drive-Through, Crust Pizza, Extra Crispy, various takeaway stores and a kebab shop.
THE BRAND
Subway was founded by Fred De Luca in Connecticut USA during 1965. The group now boasts approximately 1,250 franchises Australia wide and approximately 44,000 outlets globally.
The “eat fresh” slogan is obviously designed to keep the Subway name as a leader in the healthy living food area. By all accounts this focus is having success.
GREAT OPPORTUNITY TO GET INTO THIS SOUGHT AFTER FRANCHISE GROUP!!!
Asking $600,000 + SAV.
Phone: [Phone Number Censored] or [Phone Number Censored]
Website: [Web Link Censored]
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