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Exceptionally Profitable Well Established Subway In North Essex For Sale

Essex
Asking Price:
£240,000
Turnover:
£400,000
Net Profit:
£80,000

Excellent opportunity to purchase a long established highly profitable unit of this global sandwich franchise. Situated in the town centre with excellent footfall this busy shop serves a variety of regular customers as well as visitors to the town.

Current annual turnover has been stable between £380,000 and £400,000 for the last 5 years. The business is currently run by an excellent and motivated manager with some occasional input from the investor owner. There may well be potential to increase sales even further with a more hands on approach, opening additional hours in the evening, increasing the operational focus and initiating an effective delivery service as well as local marketing including a, push on platter sales (there are a high number of offices and businesses locally and limited national brands competing).

The store has above average profitability averaging £80,000 per annum over the last 3 years due in part to to the low rent and rates and the current limited hours of operation.

With over 2,500 locations in the UK and Ireland, and more than 44,000 stores in over 110 countries, a Subway franchise is well suited to anyone keen to run their own business, whilst at the same time benefiting from the well tried Subway marketing and operational methods, the capital access with banks for being a sound business and purchasing stock through the franchisee owned buying organisation

The store is well equipped and well maintained with no decor upgrade required for several years. Full details of this excellent opportunity which will be of interest to both involved investors and owner operators and will be provided to qualified and interested potential buyers who undertake to maintain the confidentiality of the sale.

Property information

Property:

Leasehold

Location:

Located amongst other national and local stores in a busy high street

Other Information

Support & training:

Subway supports new franchisees with a two week course prior to taking ownership of their store.

Financing available:

A number of banks including HSBC and Nat West provide finance to new franchisees.

Furniture / Fixtures value:
£100,000
Inventory / Stock value:
£3,500

Contact Information

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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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