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
Subway Jimboomba franchise is located in approximately 48 km south of the Brisbane CBD and housed in a small suburban shopping centre.
Some business features include:
Lease - Expires December 2028. Nil options
Rent - $4,326 per month + Outgoings of $850 approx. excluding G.S.T.
Business size is 72m2
Franchise term is a new 20 year agreement
Fit-out - Current until Dec 2031
Turnover is expected to be in the $900,000 vicinity (FY2025) with only 7% 3rd Party Deliveries!
Trading hours are daily 7.am - 9.00pm
Staffing is currently a part time owned + 11 PT Sandwich Artists
Owner's hours 5 - 10 hours per week operationally (varies in line with demand)
Reason for selling Other business interests
Return to a full-time owner operator is expected to be in the vicinity of $200,000 EBITDA (FY2025)
Finance of up to 60% could be available to approved applicants
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