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The store is located on an extremely busy high street. The business is staff managed, with 2 full time and 4 part time staff, the approximate turn over is £3,800 per week, with very short operational hours from 10 AM to 6 PM. The rent is £33,000 Annually. The store has 2 flats above which has a rental income of £22,000 Annually. Full financial information will be provided after the signing of a non-disclosure agreement
When 17-year old Fred Deluca teamed up with friend Peter Buck started their “Pete’s Super Submarines” in 1965, and later renamed it to “Subway” 1968. With a start-up fund of $1,000, he proved that limited funds and young age is never a hindrance to success. Now, Subway is a well-loved brand with more than 22,000 franchisees worldwide and located in 112 countries.
There is plenty of scope to develop the business further with the introduction of longer opening hours to include late nights and a delivery service which is in high demand in this area. This proposition would ideally suit an owner operator able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
10 Am to 6 PM Sun to Thu 10 AM to 7 PM Friday and Saturday
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