Visit this listing at https://www.sbx.com.au/business?id=SF1521

Business Code: SF1521

Key Features: Subway Franchise - Sales $15,500 pw - Netts $5697 pw - Sutherland Shire

State: NSW

Suburb: Sutherland, 2232

Location: Prime corner location opposite railway station in South of Sydney.

Description

Takeaway - sandwich franchise selling healthy subs, salads, wraps, cookies, drinks etc. - No cooking - 20 seat inside.

Summary

  • Features: Corner location - Easy to run - Very successful and well known franchise - Regular customers - Well established
  • Potential: Good opportunity to increase sales and profit under an owner operator and save on wages - Promote catering to surrounding businesses - Do some local marketing to increase the sale.
  • Premises: Well presented and clean franchise takeaway with an area of 140 m2
  • Trading Hours: 7 days - Mon. - Sat. - 8 a.m. - 10 p.m.
  • Lease: Current lease expires Dec. 2020 + 5 year option - C.P.I. increases - Currently no bond - Franchisor holds the head lease
  • Employees: 1 Manager + 1 Part time + casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$15,500

Cost of Goods

$3,900

Gross Profit

$11,600

Rent

$1,444

Wages

$1,900

Telephone

$20

Insurance

$57

Electricity

$295

Misc1

$1,937

Misc2

$250

Total Expenses

$5,903

Estimated Stock (Additional)

$3,000

Net Profit

$5,697

Price

$598,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Subway- Takeaway - Franchise - Under Management

Business Code: SF1521
Price: $598,000

Key Features: Subway Franchise - Sales $15,500 pw - Netts $5697 pw - Sutherland Shire

State: NSW

Suburb: Sutherland, 2232

Location: Prime corner location opposite railway station in South of Sydney.

Description

Takeaway - sandwich franchise selling healthy subs, salads, wraps, cookies, drinks etc. - No cooking - 20 seat inside.

Summary

  • Features: Corner location - Easy to run - Very successful and well known franchise - Regular customers - Well established
  • Potential: Good opportunity to increase sales and profit under an owner operator and save on wages - Promote catering to surrounding businesses - Do some local marketing to increase the sale.
  • Premises: Well presented and clean franchise takeaway with an area of 140 m2
  • Trading Hours: 7 days - Mon. - Sat. - 8 a.m. - 10 p.m.
  • Lease: Current lease expires Dec. 2020 + 5 year option - C.P.I. increases - Currently no bond - Franchisor holds the head lease
  • Employees: 1 Manager + 1 Part time + casuals
  • Sale Reason: Moving away to look after unwell parents
  • Comments: Misc.- 1 - 8% franchise fees and 4.5% marketing fees - Misc.- 2 - Other general expenses - Full support from franchisor - Currently under management however the Managers wage of $1200 has been removed from wages and added to the net profit as if for an owner operator. -
    This business is also suitable for owner operator - Good opportunity for someone looking to break into business with well known franchise with low cost entry point. - A must to inspect but please be discreet - First time on the market

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$15,500

Cost of Goods

$3,900

Gross Profit

$11,600

Rent (ex GST)

$1,444

Wages

$1,900

Telephone

$20

Insurance

$57

Electricity

$295

Misc1

$1,937

Misc2

$250

Total Expenses

$5,903

Estimated Stock (Additional)

$3,000

Net Profit

$5,697

Price

$598,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.