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Subway Victoria Point Kiosk Brisbane, Only $27,500 + SAV

$27,500 + SAV

Brisbane Region, Queensland

Subway Victoria Point Kiosk Brisbane, Only $27,500 + SAV

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.

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


Lease expires 16th August 2023. This centre does not give options. The franchisor currently carries the head lease and there is usually not an issue renewing.

Rent almost $4,950 per month + $300 per month outgoings

Rental Bond / Guarantee - 2 Months if secured against property. Otherwise a 6 months Rental Bond will be required

Business Established in 2009

Remodel due in line with the lease (tbc)

New 20 year Franchise Term

Turnover (Approx.) FY 2019 $350,000

SAV approximately $4,000

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

Return to an owner operator before wages was approximately $120,000. (FY 2019) Buyer will need to determine their own staffing requirements

The business needs a committed owner operator (Not suitable for non-residents)

ASKING PRICE is $27,500 and includes the transfer fee

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

The business is suitable to a full-time working owner/operator with minimal staffing requirements


Reason for selling Too small for current multistore 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: 7th May 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Brisbane
State
 Queensland
Price
$27,500 + SAV
Category
  • Franchise
  • Restaurant
  • Takeaway Food

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Agency

Business Brokers Network

Business Brokers Network

Contact

Reg Butler