Subway Franchise, Caboolture Region, UNDER OFFER!

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

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 highly visible from multiple directions. It is located in a strong industrial precinct, easy access and ample parking.


Business features include:

Lease - Expires Dec 2025 + 2 x 5 year options

Business size 110m2 + Alfresco

Rent excluding G.S.T. - $2,920 per month

Outgoings excluding G.S.T. - $245 per month (1/12 of rent)

New Franchisee entry costs - Nil

Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement

Fit-out - extensively remodelled in 2019 with the "Fresh Forward" concept, and should be okay until 2029

Turnover (Approx.) $850,000 (FY2021) No need to rely on 3rd party delivery sales @ a low 4% of the business!

Trading hours Mon Fri 6.30am 8.30pm
Sat Sun 8.00am 8.00pm

Possible 24 hour trade location due to the locations high street appeal and exposure

Staffing Manager + Assistant Manager + 9 Sandwich Artists (varies)

Owners hour - Nil (Currently run under full management)

Reason for selling - Downsizing

Good financials!

Return to an owner operator is in the vicinity of $200,000 EBITDA (FY2021)

Finance of up to 60% could be possible against the business to approved applicants


For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au


(Photo is symbolic)
Know someone that could be interested in this?
Asking Price:
$599,000
Yearly Profit :

----


Country

Australia

State

Queensland

Suburb

----


Postcode

4510

Locality

----

Established on

Contact the business


Revenue

----

EBITDA

----

No. of employees

----

Lease period

----


Stock

----


Contact Details Verified

Email Broker Verified

Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

Need finance support?

We offer tailored financing options that work for you to get the deal done.

Free business valuation

Know if you're paying too much for this business or if it’s right on the money.

success

Success!

Form has been submitted successfully and a representative will get touch with you