This Subway franchise is located in an affluent leafy Brisbane suburb, in a small popular shopping Centre
Lease to May 2029. The landlord is receptive to extending
Rent is $4,855 per month plus $1,057 outgoings
Rental Bond / Guarantee is 3 Month's Rent
Business was established in 2010
New 20 year Franchise Term
The restaurant needs to be remodelled ASAP after settlement. Cost will be $150k - $175k. Purchaser will need to confirm they have the funds in order to do this as part of the application process
Estimated Turnover FY2024 $750,000. 10% 3rd Party deliveries
Trading Hours - Mon - Sat 7.00am - 9.00pm, Sun 8.00am - 8.00pm
Potential return to an owner operator was approximately $150,000 (FY 2024)
SAV is approximately $10,000
There are limited financials available. This business is suited to a cash buyer
