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Nearly New High Performing Subway For Sale

Village Nr Worcester, Worcestershire, UK
Asking Price:
£175,000 Furniture / Fixtures included
Turnover:
£276,952
Net Profit:
Available on request

Offers of £175,000 are invited for this Fresh Nearly New Subway which is located in a busy town centre.

Fresh Nearly New Subway Store open since 2017 in Busy Shopping Centre
The Subway brand is the number one quick service Restaurant. This is a great opportunity to purchase a successful Subway store located in a busy town centre. The current owner has successfully run the business since it opened in May 2017.
This is an excellent opportunity to own a very fresh Subway business in a prime location. You have opportunity to continue to build the business based upon very solid foundations.
This Subway is the first thing you will see when you enter the town centre.
Weekly Sales for 2019 were 45% up on 2018 average and continue to increase.
This is one of the Top ranked stores in the area.

Subway has excellent processes in place which give you every opportunity to make your business a success.

Summary
This Subway store is located in a busy shopping centre with a high footfall of regular visitors. The store has excellent financials and operates 7 days per week. This business offers a great opportunity to enter the Subway Franchise Network with this High Profit nearly new store.

Given the age of the store it has a very fresh new feel and has a very customer and staff friendly layout.

It enjoys excellent passing trade and has excellent parking facilities. The main shopping centre Multi Storey car park with 400 spaces is directly in front of the store.

The store has a bright clean interior with seating for 27 customers. The business operates efficiently using the proven Subway system and benefits from a low fixed cost base. The store has introduced deliveries in January 2019. The fresh forward look of the store will significantly reduce refit costs in 2027.

A major town centre redevelopment is near completion which will increase footfall to this Subway store.

The current owner is looking at new business opportunities in a new location.

The owner has established employees in place. The current owner will provide the new owner with every technical assistance to ensure that the store continues to be a success.
Rent is £1,417 PCM Rates £5401 per annum
The current lease is due for renewal in March 2032
The store refit is due in 2027.

Opening hours

Monday to Thursday 7am to 7pm
Friday and Saturday 7am to 8pm
Sunday 9am to 5pm

Potential

The store is situated in a busy retail centre with high footfall. It is situated adjacent to main bus stops, opposite main Multi Storey Car Park.

It is almost the first thing you see when you arrive at the town centre. The town centre is in the midst of a major redevelopment project which will increase footfall to the store.

The store introduced deliveries in January 2019.

Opportunities to develop potential promotion partnerships with local outlets.

Potential to increasing marketing through partnerships with local businesses

Increase opening hours during summer months.

Conclusions
A great opportunity to own a large nearly new high profit store within the UK’s top Food Franchise

2019 weekly sales were 45% up on 2018.
One of the top performing Subway Stores.

Located within a busy retail centre.

Clean, fresh and bright layout

Low cost structure.

Excellent passing trade with good Parking facilities

Subway has excellent processes in place which ensure that you have opportunity to make your business a success.

Key Financial Information
Current Average Weekly Takings
£5,326

Annual Turnover:
2019 £276,952
2018 £191,568

Property Information

Property:

Leasehold

Lease Terms:

Lease due for renewal in 2032

Leasehold Rent:

£17,000 per annum

Location:

This Subway store is located in a busy shopping centre with a high footfall of regular visitors.
It enjoys excellent passing trade and has excellent parking facilities. The main shopping centre Multi Storey car park with 400 spaces is directly in front of the store.
The store is situated in a busy retail centre with high footfall. It is situated adjacent to main bus stops.

It is almost the first thing you see when you arrive at the town centre. The town centre is in the midst of a major redevelopment project which will increase footfall to the store.

Premises Details:

Given the age of the store it has a very fresh new feel and has a very customer and staff friendly layout.

The store has a bright clean interior with seating for 27 customers.
The fresh forward look of the store will significantly reduce refit costs in 2027.

Energy Performance Rating:
D

Business Operation

Expansion Potential:

The store is situated in a busy retail centre with high footfall. It is situated adjacent to main bus stops, opposite main Multi Storey Car Park.

It is almost the first thing you see when you arrive at the town centre. The town centre is in the midst of a major redevelopment project which will increase footfall to the store.

Opportunities to develop potential promotion partnerships with local outlets.

Potential to increasing marketing through partnerships with local businesses

Increase opening hours during summer months.

A great opportunity to own a large nearly new high profit store within the UK’s top Food Franchise

2019 weekly sales are 45% up on 2018.

Low cost structure.

Excellent passing trade with good Parking facilities

Subway has excellent processes in place which ensure that you have opportunity to make your business a success.

Reasons for selling:

Owner is relocating

Trading hours:

Opening hours

Monday to Thursday 7am to 7pm
Friday and Saturday 7am to 8pm
Sunday 9am to 5pm

Employees:
Stable team
Years established:
Established in May 2017

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Buyer will be required to complete Subway training and approval process

Other Information

Support & training:

Subway and owner will support buyer through Subway training and approval process

Financing available:

HSBC are Subways preferred finance partners

Contact Genesis Momentum

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