Subway Wyong North, Remodelled, Low Rent, Excellent, 24 Hour Trade Potential!

The Subway 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 approximately 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 store is situated just off the Pacific highway and near a 24 hour service station and busy KFC. A golf club is across the street.

It is ideally located to take advantage of 24 hour trading with the regional police station and Wyong hospital nearby.

KEY FEATURES INCLUDE:

Current Lease expires February 2029 with a 5 year option

Size is 129m2 + alfresco seating

Rent excluding G.S.T. is $4,190.18 per month + $287.78 per month outgoings

No rental bond

Established in 2007

Training 3 weeks in Brisbane

New 20 year Franchise agreement

Annual Turnover is the vicinity of $1,035,000 for FY2024 and expected to increase

Trading Hours are:
(Mon Sat) 7.00am 9.00pm
(Sunday) 8.00am 8.00pm

SAV approximately $12,000

Staffing -13 casuals (varies)

Owner is selling due to other business commitments

Return to an Owner Operator exceeding $260,000 EBIDTA (FY2024)
24 hour trading opportunity in this expanding area.

For more information, please contact:

Reg Butler / Glenn Robertson
0438 189 657

reg.b@businessbrokersnetwork.com.au