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Subway Franchise Restaurant For Sale

Potters Bar, Hertfordshire
Asking Price:
£110,000
Turnover:
£180,000
Net Profit:
Under £50K

BUSINESS:
Due to personal circumstances, we have decided to sell the business. This is a privately held American fast food restaurant franchise that primarily sells sandwiches and salads. There is enormous scope to grow this business as we do not carry out home delivery and this is something that could be put in place in order to increase the turnover.
• Every franchisee attends a comprehensive two-week training course at the Training Centre. Ongoing support keeps franchisees and staff continually informed of all the latest information and operational updates.
• Interactive online training courses available through for franchisees and their staff.
• Experienced Regional Development Agents provide ongoing assistance and mentoring on site selection, leasing, operations, local store marketing and much more.
• A franchisee owned purchasing company manages the purchasing and supply chain activity for all food, packaging, equipment and services in the UK, Ireland and other European countries.

LOCATION:
This is a fantastic opportunity to acquire a well-maintained established store situated in Potters Bar, Hertfordshire. The location sits in a prime position in the town centre near to Train Station surrounded by many high street retailers like Sainsbury’s, McDonald’s, coffee shop, Greggs and many more. The footfall is driven by shoppers, office workers and students. The store is walking distance from 2 schools and a minute walk from train station. Potters Bar is a town in the English county of Hertfordshire, located just off the Greater London border and on the London M25 ring road and is part of the metropolitan area of London. Within the county she is administratively assigned to the district Hertsmere.

PREMISES:
The premises are entered by a central entrance door and the shop is fitted out with standard decoration and furniture. Main shop area includes a cold drinks dispenser, cold drinks fridge and crisps stand. The service counter has the standard salad chiller and behind the counter is a microwave, coffee machine, till, safe, ovens, salad chiller, under counter fridges, and sink. From the main serving area is a doorway which leads to a store room with a chiller and a walk-in freezer. All standard equipment included.

TENURE:
The business is being sold as a Leasehold business opportunity.

OPENING HOURS:
Monday to Wednesday 7am to 10pm
Thursday to Friday 8am to 11pm
Sunday 9am to 9pm

STAFF:
The Business is run purely by staff, 2 full time and 1 part time members in total.

FINANCIAL PROFILE:
The business generated an advised turnover of circa £180,000. Since the store has been re-designed is just over 2 years it has very low or no maintenance and looks new with huge potential growth. Store is currently doing 14-15% profit of annual turnover and huge opportunities for make better sale (Home and Office Delivery, Promotions etc). Hence the asking price is 110,000 with very slight negotiations.

For more information lease complete the contact seller form.

Property information

Property:

Leasehold

Location:

Prime Location and close to train and bus station

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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