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 in excess of 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 major shopping centre.
FEATURES INCLUDE:
Lease expires September 2029 (This centre does not provide options)
Rent excluding G.S.T. is approximately $13,500 per month + $1,000 outgoings
Size is 55m2 + Food Court seating
Established approximately 15 years
Rental bond is 3 months rent and outgoings
SAV is approx. $15,000
Fit out is current until April 2034
Training is in Brisbane
New 20 year Franchise agreement
Turnover FY 2025 is in the vicinity of 1,600,000
10% 3rd Party Deliveries
Trading Hours vary considerably in line with the centre trading
Staffing - Owners + 4FT + 12 casuals (varies)
Approximate return to full time Owner / Operator is in the vicinity of $275,000 EBITDA FY2025
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