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Newly Fitted, Turn-key Subway Franchise Restaurant In Penkridge For Resale For Sale

Penkridge, Staffordshire, UK
Asking Price:
£75,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£100K - £200K
Net Profit:
£35,000

A practically BRAND-NEW Subway Franchise Restaurant which has been fitted out in the latest specification of Subway Branding to an exceptional standard. The restaurant opened in November 2019.

Situated in an established roadside position in Penkridge with complementing food businesses in the precinct. Growing customer base expected to thrive post Covid easing.

Well established food delivery customer base via JUST EAT and UBER EATS platforms and a very efficient and simple delivery partnership with a local taxi firm. Plenty of opportunity to grow this part of the business even further.

Huge potential for the right person - would be ideally suited to an owner operator who can be hands on and drive the opportunity forward for themselves. Is a great turnkey option for an individual or couple to get into business for themselves. No unexpected capital costs and a robust and well-established business model with one of the most recognized brands.

This franchise restaurant is a turn-key business and no further capital investment is required. There is a long lease until 2034 with break options available to the tenant only.

Please note - any buyer will need to go through the Subway Franchisee application and training program to be able to become a Franchise Owner.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

Lease in place until 2034 with tenant only break options every 5 years

Leasehold Rent:

£18,000 per annum

Location:

The restaurant is in a Takeaway and Shopping precinct on the edge of Penkridge Town. It has clear roadside visibility. So this becomes an incredibly busy trunk road for commuters so has great passing traffic visibility. There are also large areas of new-build housing going up in the very close proximity.

Premises Details:

Single storey commercial premises with glazed shop front and front door. Metal fire exit and goods entrance to the rear. There is a goods only drive way access to the rear of the property for easy loading.
There is a customer and staff toilet on premises.

Size in square feet:
1,100
Planning Consent:

All necessary consents granted to operate as Subway Franchise.

Business Operation

Expansion Potential:

Potential to increase food delivery to neighbouring houses and engage more traffic and customers from local schools and businesses.

Competition / Market:

Also on the precinct there is Greggs next doors, Costa coffee shop, Chip shop, Indian restaurant and Co-OP supermarket on the precinct. The other food outlets enhance the overall appearance of the precinct as it draws a wider collective of customers to the area.

Reasons for selling:

We own and operate 10 business units in the Shropshire and Staffordshire area and due to the retirement of one of the business owners were are consolidating and selling some of our businesses.

Trading hours:

75

Employees:
5
Years established:
1.5

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Subway Restaurant franchise

Other Information

Support & training:

All training and support provided by Subway national and regional offices.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Will consider financing options

Furniture / Fixtures value:
£50,000 - included in the asking price
Inventory / Stock value:
£3,000 - included in the asking price
Related Documents:

Contact Seller

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