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Listing Id: 34085 Last Refreshed: 11/12/2024 Total Views: 11 Broker Ref: 22900

Subway Franchise Indooroopilly Brisbane, Extensively Remodelled, Busy Location, High Visibility!

Brisbane, QueenslandTake Aways
Asking Price: $299,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

This Subway franchise is located in a well-known, and highly visible location, in a popular shopping Centre

The restaurant was extensively remodelled, including the back preparation area. Cost was approx $200,000

Lease to November 2025 (This centre does not give options)

Business was established in 1995

Rent is $8,113.50 per month plus $86 outgoings

Rental Bond / Guarantee is 3 Month's Rent

New 20 year Franchise Term

Estimated Turnover FY2024 $775,000 ($15,000 per week approximately)

Trading Hours - Mon - Fri 8.00am - 9.00pm, Sat - Sun 9.00am - 8.00pm

Potential return to an owner operator was approximately $160,000 (FY 2022), factoring in Covid and Remodel down times

SAV is approximately $8,000

For more information, please contact:

Reg Butler
0438 189 657
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