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 small shopping centre in a thriving hub part of the Townsville region.
FEATURES INCLUDE:
Lease expires July 2030 + 2 x 5 year options
Rent excluding G.S.T. is approximately $2,562 including outgoings
Size is 103m2 + Alfresco seating
Established 2000 - well known to the area
No rental bond is required
SAV is approx. $12,000
New Fit out. Not due until April 2035
Training is in Brisbane
New 20 year Franchise agreement
Turnover FY 2026 is in the vicinity of $610,000
(6.5% 3rd Party Deliveries - potential to expand)
Trading Hours generally 7.00am - 9.30pm (Possible to extend)
Staffing - Manager + 8 Part-time staff (varies)
Approximate return to full time Owner / Operator is in the vicinity of $175,000 EBITDA FY2026