Subway Franchise, Logan Hyperdome, Brand new store, Potential $190k EBITDA, Fair rent!

This newly built Subway franchise is located in the well-known Loganholme Hyperdome in the huge food court area, close to the cinemas.

The restaurant was just opened in December 2022 and boasts a large preparation area geared for catering, school lunches etc.

The recently signed lease runs until late 2029.

Rent is $7,084 per month plus $1,128 outgoings. This is approx. 10.5% of turnover, which is excellent for a shopping centre of this magnitude

Rental Bond / Guarantee is 3 Month's Rent

A new 20 year Franchise Term is offered

SAV is approximately $8,000

Estimated annual turnover will be in the vicinity of the $950,000 level per annum (based on early and current trading trends)

Trading Hours are generally: Mon - Sat 8.00am - 6.00pm (9pm Thursday), and Sun 10.00am - 4.00pm

Potential return to an owner operator is estimated to be in the vicinity of $190,000 EBITDA per annum

For more information, please contact:

Reg Butler

For more details, please email broker or call agents.