Newcastle

For sale

$99,950 plus SAV

Newcastle Subway Franchise selling for less than setup costs. A must inspect!!

The Brand:

-Subway, with over 1400 franchised stores in Australia. Over 44000 worldwide.

-Australia is the chains largest market outside the USA.

-Brand leader in Sub Sandwich market.

-Unique made to order before your eyes concept.

-National marketing support with the 3rd largest spend in the sector.

The Location:

-Beautiful Newcastle Harbour, a great place to live. A real lifestyle!

-Only 2hrs North of Sydney, boasting beautiful beaches and only a 30 minute drive to the world class Hunter Valley vineyards.

- Multiple world class developments currently under construction close by that include the Honeysuckle Newcastle University campus right on the doorstep and a light rail station just minutes away (all major developments are scheduled for completion in 2020/2021 with hundreds of residential units and the Newcastle University just a few hundred metres away from the shop).

-This subway is situated in one of the best spots in town, the Lee Wharf Honeysuckle precinct with ample foot traffic.

-Seating for up to 20 patrons.

-Short opening hours giving the ultimate lifestyle opportunity or open longer and

increase sales from day 1!

-Long Secure lease in place with multiple 5-year options available up until 2031 (original 5-year lease commenced in January 2012 and had 3 × 5-year options, so a total of 20 years).

-Close proximity to residential apartments, offices, hotels and gyms/health clubs this offers an already large clientele and has huge potential for further growth.

-Limited opposition from competing minor chains.

-Company-wide systems in place and no experience necessary as all training is provided.

-Comprehensive national marketing program to deliver sales to your business

-Great ongoing support from Franchisor.

-Great store for a working owner or partnership and can provide a very stable income.

The current owner has been forced to sell due to family reasons.

BE QUICK….. THIS WON’T LAST LONG!!

TenantedNo
Property Info:
  • Property ID: L2437569
  • Property Type: Franchise
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Number of sales 9
Average Price $1,224,222
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Average Price $715,229
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