Prime Opportunity - Surfers Paradise Subway - Gold Coast - BUSINESS FOR SALE

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.

The Subway franchise is located in holiday capital surfers paradise with great major road visibility, easy entry, and good parking. 

The location is ideal being not only in the centre of the main corporate hub but also directly opposite the major 1600 bay Bruce Bishop Carpark and Transit Centre

Business features include:-

Close to Light Rail

Lease - 6 year lease

Business size - 62m2 internal + Alfresco dining on both sides of the shop for patrons

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

SAV approximately $6,000

All fittings etc owned, noting leased. Oven is just under 2 years old. 

Fit-out Completed 2019

Turnover (Approx.) $14,000 per week currently ( Less than 5 % 3rd Party Delivery sales)

Trading hours -  

Thursday       7 am-8 pm

Friday        7 am-9 pm

Saturday        9 am-9 pm

Sunday        9 am-8 pm

Monday        7 am-8 pm

Tuesday        7 am-8 pm

Wednesday   7 am-8 pm

Staffing is 2 senior which supervise  , 1 uni student and 6 junior Sandwich artists 

Owners hours - Nil (Currently run under full supervision)

Reason for selling - Retiring

Potential return to a full-time owner operator is $1500 a week on top of the current weekly net return

Finance of up to 60% may be available to approved applicants

Vendor has requested all offers to be in writing for there consideration 

For more information please call or text Salvatore on 0410 123 625 or email through the website