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Excellent Subway Franchise Opportunity For Sale

Edinburgh, Edinburgh City
Asking Price:
£90,000
Turnover:
£230,000
Net Profit:
£37,000

This exceptional opportunity of a very well established and highly popular Subway take away business is now available.

The business is run and operated by the owner who has put enormous amounts of effort into creating an enviable reputation for the quality of food and service.

The business has a comfortable growing trade, in a very strong and accessible location. They enjoy strong regular and loyal customer base generating excellent repeat business. The business also benefits from a high footfall from a wide range of other local shops, commercial and office premises and also a large residential community. The shop also provides sandwich platters to a number of local premises through a delivery service provided.

Whilst there are strong weekly sales, it is recognised that there is room for expansion through extended trading hours and the expansion of the delivery service into both the commercial and business communities.

The current owner is selling the business to focus on other projects. This is an excellent opportunity for anyone wishing to secure a very well established Subway brand takeaway with the scope to increase an already profitable business.

Tenure: Leasehold

Location Details:
This shop is located on a very busy street in an area of the city of Edinburgh. The premises have a very prominent position surrounded by a large number of local and national establishments including proximity to a number of hotels & public houses. It is on a number of bus routes with stops nearby and is close to densely residential and commercial communities with access to other leisure facilities.

Please note that the store has recently been refitted with a brand new Pepsi drinks cabinet and dispenser (updated photo to follower)

Property information

Property:

Leasehold

Lease Terms:

A new lease has recently been agreed and the business has the premises for the next 23 years with an option to extend for a further 5 years if the franchisee wishes. There is a rent review ever 5 years also and a tenant only break in the lease every 5 years.

Leasehold Rent:

£11,000 per annum

Location:

The store is located in the increasing popular location near Edinburgh. 10 mins walk to the city centre the store is situated on the main high street in the area. There is many sports hot spots and the a very big student population. There is also 3 schools in which are a short walk from the store and thus has a big school customers base.

Premises Details:

The store has undergone continually upgrading as part of the owners programme to increase store turnover. So far, a large number of the equipment has been replaced or improved and this has seen the stores turnover increase rapidly over the past 4 years. Leading to more than doubling of the store sales in the past 4 years.

Business Operation

Expansion Potential:

We have strong in store sales with potential for growth into the evenings. We have good home delivery sales with an opportunity to build this up much further with work and focus. The store is able to market a catering offering to a variety of customers and the franchisee is able to provide advice and assistance on how this can be done along with all other areas for growth.

Competition / Market:

With being located on the main high street along with a wide ranging selection of other retail outlets, the stores main competitor is Greggs the bakers which is a few doors down from the store. The retail offering in Stockbridge is going and bring in foot falling which has a positive effect on the area and the store. Work can be undertaken to ensure the store remains a main part of the retail offering.

Trading hours:

Mon - Fri 9am to 6pm
Sat - Sun 10am to 6pm

Employees:
3
Years established:
2005 to Present

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

More info available from Subway HQ.

Other Information

Support & training:

Subway provides you with a 2 week franchisee training course which helps to teach you how to operate and run a subway store. There are other support structures in place to assit.

The franchisee is prepared to provide the buyer with ongoing advice and help to ensure the business continues to grow and build on the hard work that has been done over the past 5 years if requested by the buyer.

Website:
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