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Subway Franchise Gold Coast Mid Region! Long Lease, Remodelled, Desirable area!
QLD
Food/hospitality
·
Restaurant
$549,000 + SAV
The sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion dollar business, with more than 36,000 outlets in 100 countries. Wherever the restaurants are located, the basic menu stays almost the same.The first restaurant opened in Australia during 1988. Australia is the group's largest market outside North America, with more locations than any other chain.There are presently approximately 1300 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 well frequented neighborhood shopping centreFEATURES INCLUDE:Lease expires July 2029 + 2 x 5 year optionsMonthly Rent excluding G.S.T. is approximately $5,075 + $2,600 outgoingsSize is 85m2 + Outdoor seatingEstablished 1996 - well known to the areaNo rental bond is requiredSAV is approx. $12,000Recent Fit out. Not due until late 2033Training is in BrisbaneNew 20 year Franchise agreementTurnover FY 2026 is in the vicinity of $900,000Low 5% 3rd Party Deliveries - potential to expandTrading Hours generally 7.00am - 9.00pm (Possible to extend)Staffing - 3 Part-time staff + 10 Casuals (varies)Approximate return to full time Owner / Operator is in the vicinity of $175,000 EBITDA FY2026Bank finance of up to 50 - 60% to approved applicant/sGood clean financialsFor more information, please contact:Reg Butler0438 189 657
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