16/9 Beach RoadSurfers Paradise QLD 4217
Property Details for 16/9 Beach Rd, Surfers Paradise
Last Listing description (December 2023)
Subway sandwich restaurant chain was founded in the USA, in 1965. The company has since grown into a multi-billion-dollar business, with approximately 38,000 outlets in 106 countries.
There are presently in excess of 1,300 restaurants in Australia. Many new franchises are sold to existing franchisees which is a positive indication of the success of the franchise model.
The Subway franchise is located in holiday capital surfers paradise with great major road visibility, easy entry, and good parking.
The location is ideal being not only in the centre of the main corporate hub but also directly opposite the major 1600 bay Bruce Bishop Carpark and Transit Centre
Business features include:-
Close to Light Rail
Lease - 6 year lease
Business size - 62m2 internal + Alfresco dining on both sides of the shop for patrons
New Franchisee entry costs - Nil
Franchise term - new 20 year agreement
No prior experience is needed. Full training is provided by the franchisor prior to settlement
SAV approximately $6,000
All fittings etc owned, noting leased. Oven is just under 2 years old.
Fit-out Completed 2019
Turnover (Approx.) $14,000 per week currently ( Less than 5 % 3rd Party Delivery sales)
Trading hours -
Thursday 7 am-8 pm
Friday 7 am-9 pm
Saturday 9 am-9 pm
Sunday 9 am-8 pm
Monday 7 am-8 pm
Tuesday 7 am-8 pm
Wednesday 7 am-8 pm
Staffing is 2 senior which supervise , 1 uni student and 6 junior Sandwich artists
Owners hours - Nil (Currently run under full supervision)
Reason for selling - Retiring
Potential return to a full-time owner operator is $1500 a week on top of the current weekly net return
Finance of up to 60% may be available to approved applicants
Vendor has requested all offers to be in writing for there consideration
For more information please call or text Salvatore on 0410 123 625 or email through the website
Property Code: 6155
Property History for 16/9 Beach Rd, Surfers Paradise, QLD 4217
- 28 Jul 2023Listed for Sale FOR SALE BY NEGOTIATION
- 28 Mar 2022Sold for $1,130,000
- 29 Nov 2014Sold for $865,000
Recent sales nearby
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0About Surfers Paradise 4217
The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2016 was 23689 people. By 2021 the population was 26412 showing a population growth of 11.5% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation.In 2021, 45.00% of the homes in Surfers Paradise were owner-occupied compared with 39.90% in 2016.
Surfers Paradise has 25,372 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 59.74% increase in median value, while Units have seen a 102.54% increase. As at 31 January 2026:
- The median value for Houses in Surfers Paradise is $2,517,380 while the median value for Units is $844,592.
- Houses have a median rent of $790 while Units have a median rent of $740.
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