Prominent Shopping Parade Location
Accounts Available Year End 30th November 2020
Annual Turnover (30th November 2020) £284,723 (Covid Affected)
Gross Profit (30th November 2020) £160,889
Financial Information After Viewing
Not A Halal Store
Established 2018
High Footfall Area
Seating For 20
CCTV Throughout
Full Franchise Support & Training
Just Eat, Uber Eats & Deliveroo Accounts
Superb Online Reviews
Two Week Training Provided
Potential For Late Night Opening
EPC - D
REF 7813 – Leasehold Sandwich Shop Franchise
Blacks Brokers are pleased to bring to the market this leasehold sandwich shop franchise located in Stockport, Greater Manchester.
INTRODUCTION
This busy sandwich shop franchise was established by our client in this bustling area of Stockport in 2018. The business soon become very well known in this area and has secured a strong base of regular customers as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted online. The branch is part of the largest fast food chain in the world, with nearly 35,000 stores in 90+ countries. There are over 1,500 stores in the UK and Ireland, making this the largest fast food chain in the market place. This business is supported by the hugely popular worldwide franchise which includes signage, product delivery, valuable national advertising and ongoing training. A new owner will be interviewed by the franchise and two weeks training will be provided initially.
LOCATION
The business occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers and other large multiples. There are also a number of amenities nearby including car parks, schools and supermarkets. The area is well linked by the M60 with very strong public transport links and parking is available in the surrounding area.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s family commitments, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a seven year lease which began in 2018 at a cost of £346 per week.
STAFF
The business operates with eight members of staff in employment supporting our client working on a full time basis in a managerial role.
FINANCIAL DETAILS
The business has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 30th November 2020 show annual turnover of £284,723 and gross profit of £160,889. Royalty and marketing fees payable are 12.5%. Full financial information is available upon request.
BUSINESS RATES
The business has a rateable value of £4,000. Purchasers should enquire with relevant local authorities to confirm the rates payable.
SUMMARY
This well established business occupies an enviable trading position in a sought after and very busy area of Stockport. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of longer opening hours and a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
