Sub Sandwich Franchise Profitable Business Bargain For Sale

Business description

Secure your future and become a part of one of the largest franchise chains in the world.

Located along a street shopping mall in a vibrant south-eastern suburb, this business is perfectly located amongst a mix of café, retail, fashion and commercial outlets.

A business that is going from strength to strength and experiencing continued growth, much like its surroundings. It is currently under management with the owner contributing approximately 20 hours per week.

• Well established for 4yrs
• Strong net Profits
• Approximately $100K in Plant & Equipment/Fixtures & Fittings
• Great exposure
• Impeccable presentation/cleanliness
• Full training and support by franchisor
• Current manager (employed on a casual basis) is fully trained

If you are looking for a well established business, that’s easy to run, and experiencing continued growth, then this business is right for you.

If you have been looking for a bargain, you will find that this business is absolutely PRICED TO SELL.

Franchise terms

Transfer Fee: $ 5 500-00 Royalties: 8% of turnover Advertising: 4.5% of turnover

Property information

Real Estate:

Lease

Lease terms:

6yrs remaining on current lease.
1 option to renew for 10yrs.

Leasehold rent:

$2,629pcm per annum

Location:

Franchise opportunity located in the heart of Oakleigh along the vibrant Eaton Mall.
Exposed to high foot traffic.

Premises details:

Lettable area of 157sqm.
Rent of $2,629pcm.
Strong lease - 6 yrs remaining, with an option of 10yrs.
Licensed to seat 25 inside and 10 outside.
Ample storage space, large office area to rear, upstairs bathroom facilities and sitting area for staff.

Size in square feet:

157sqm

Other information

Support & training:

As part of a national franchise, full support and training is provided. Two-week training course in Brisbane by Subway. 40 hours to be spent working in a local store prior to Qld training.

Reasons for selling:

Business is under management, but owner also contributes approx. 20hrs per week. Owner has multiple businesses and has found work load to be too demanding.

Trading hours:

Mon-Sat: 8am-7pm
Sun: 10am-6pm

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$3,000