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Subway Franchise "Elermore Vale, Newcastle, NSW

Listing Id : 260468

Location : New South Wales - ELERMORE VALE

Category : Franchise, Takeaway Food, Restaurant

Asking Price : 89,000

Business description

Business ID: CTOC1545 Opportunity to Own a Popular Franchise in a busy growing suburb of Newcastle. Here’s a rare opportunity for an astute buyer. Multi-unit owners downsizing, selling their Elermore Vale store below set-up cost. Ideal franchise for a husband and wife team. Good profits to owner operator/s with potential to increase with hands on management. -Turnover $363,000 + p.a ex GST -Established in same location for approx 5years -Located in main shopping centre, which has just been recently renovated -Positioned on the external face of the centre with outdoor seating -New development plans for multi-level motel style accommodation on top of Shaft Tavern, which is situated near store -Lease in place until April 2**** **** plus 7 year option to 2**** **** -Monthly rent $3,699+ gst includes all outgoings and promotion levy -Shop fit out is like new, only 5years oldAll fixtures, fittings, equipment and smallwares included in price -Well-trained staff in place willing to stay on -Low transfer fee includes training and support from Subway Franchisor The business is not only in a great location in Newcastle, but comes with everything needed to continue running this sought after franchise from day one. Suits owner operator/s to give this business a hands on approach to boost profits. Will not last long at this price, enquire today! Price $89,000

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