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Subway franchise Victoria Point Kiosk! Owner ready to walk! Potentially your gain! $10,000 + costs!

$10,000 + SAV

Brisbane Region, Queensland

Subway franchise Victoria Point Kiosk! Owner ready to walk! Potentially your gain! $10,000 + costs!

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 40,000 outlets in 100 countries.

The Subway kiosk is located outside of Woolworths in the main through-fare. There is also a small, dedicated eating area.

Lease expiring 16th August 2023. The franchisor carries the head lease and there is usually not an issue renewing.

Rent almost $5,000 per month + $300 per month outgoings

2 Month Rental Bond / Guarantee if secured against property. If not secured against property, a 6 months Rental Bond will be required

Business Established in 2009

Remodel due in the near future - expected cost in the vicinity of $25,000 (tbc)

New 20 year Franchise Term

Franchisee transfer / training cost $7,500 + GST, to be paid/reimbursed by the incoming franchisee!

Turnover (Approx.) FY 2019 $350,000

Trading Hours
Mon - Fri 8.00am - 5.00pm (Thurs 8.30pm)
Saturday 8.00am - 4.30pm
Sunday 9.00am - 3.30pm

Return to owner operator approx. $50,000. FY2019. More to a working couple or if you are prepared to work long hours

Need committed owner operator (Not suitable for Non-residents)

ASKING PRICE is $10,000 + SAV (Est. $5,000) NON NEGOTIABLE

OTHER COST FACTORS (As mentioned above - Rental Bond, Remodel, Transfer / training)

Potential buyers will also need to demonstrate to the franchisor that they have $20,000 working capital

Reason for selling Too small for current owners to bother with.


If this is for you, please contact:

Reg Butler
0438 189 657


Victoria Point Shopping Centre is located on the corner of Bunker & Cleveland-Redland Bay Roads, Victoria Point. It has 1,332 Parking Spaces and 99 Specialty Shops

Major Tenants include K Mart, Coles, Woolworths. Mini-Major Tenants include Best & Less, Terry White Chemists, The Reject Shop.

The centre also houses Australia Post and bank branches.

There are plenty of reasons for people to visit the centre.

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Last updated: 11th February 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Brisbane
State
 Queensland
Price
$10,000 + SAV
Category
  • Franchise
  • Restaurant
  • Takeaway Food

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Agency

Business Brokers Network

Business Brokers Network

Contact

Reg Butler