You should have no trouble connecting a sub. I'd suggest you insert it between the preamp and the power amp. Just remove the jumers on the back. You might want to store them safely away, They may come in handy in the future.
As for the eq, you would connect it to a tape monitor, but if the speakers can't handle what's being put out now this ain't gonna help. You might be able to kerfutz with the overall "tonal balance" to some degree but it'll effect more than that lowest octave and you might not want that.