Skip to main content
DealProspect/Listings/Food & Beverage

Subway Franchise, Townsville (Remodelled)

Takeaway

ActiveFood & BeverageQueenslandB2C
Asking price
~$387,000
est. from headline + $12,000 stock · AUD
Revenue
$610,000
TTM
EBITDA
$175,000
Implied multiple (assumed)
~2.2×
Assumed · headline + $12,000 stock

Brief

  • Remodelled Subway franchise in a small shopping centre in a thriving part of the Townsville region
  • Established in 2000 and well known locally, with alfresco seating
  • Lease to 2030 with two further five-year options; rent includes outgoings and there is no rental bond
  • New fit-out not due until April 2035
  • New 20-year franchise agreement; third-party delivery is a small share of sales with room to grow
  • Run with a manager and part-time staff; bank finance may be available to approved buyers

How it compares

Takeaways in Queensland · asking prices
88% above smaller takeaways here

Smaller takeaways here ask a median 0.33× revenue. On its $610,000 revenue, that points to about $199,000; reads like this are typically within 30%, so $139,000 to $259,000. It asks $375,000.

Asking price
$375,00070% above the median of $220,000
Revenue
$610,000median is $935,000
Revenue multiple
0.61×0.29× across the market; 0.25× for bigger ones, 0.33× for smaller
Time listed
0 daysrecently listed
Listed
103
+29 in 30 days
Median asking
$220K
101 priced
Median revenue
$935K
67 disclose
Earnings multiple
1.7×
27 listings
Price drops
8
in 30 days
Asking price spread101 of 103 state a price
This listing · $375K
21%
31%
36%
11%
2%
Under $100K$1M–$2.5M

Australia 1247 · Victoria 943 · New South Wales 158 · Western Australia 22 · South Australia 11

Cafes 147 · Automotive workshops 79 · Restaurants 75 · General retail businesses 74 · Manufacturing businesses 60 · Wholesale and distribution businesses 57