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An opportunity has arisen to acquire this Subway® store in a busy seaside town in Cornwall. Established in 2005 boasting a turnover in excess of £300k, this business is an opportunity not to be missed. With the opportunity to acquire either individually or together, the 2 Subway® franchises in Cornwall.
Situated in the town centre where the footfall is excellent, this busy shop captures both local people and tourists. With a general population in the town and surrounding villages of over 21,700 plus tourists and visitors, there is real potential for this business.
Did you know that In 2017, people in the UK spent over £49 billion on food and drink purchased outside the home. Over 98% of the British Public purchased food or drink such as sandwiches, takeaway coffees and fast food. Is there any wonder that this Subway® business is thriving.
As with all Subway® franchises, this is a management opportunity. The Subway® franchisee is responsible for organising and managing a team of staff. The current franchisee oversees the day to day running of the business ensuring that both the staff and customers are happy. Ordering stock and managing payroll, VAT and banking is all part of the daily role of the franchisee.
The current franchisees own a number of Subway® stores and this is part of a larger group with a turnover of £2m-£3m. Selling this one provides a unique opportunity for the right person to join the Subway® brand and work alongside experienced franchisees to enable further growth of this already flourishing business.
Who is the franchisor
With over 2,500 locations in the UK and Ireland, and more than 44,000 stores in over 110 countries, a Subway® franchise is perfect for anyone keen to run their own business, whilst at the same time benefiting from the Subway® brand’s finely tuned and developed franchise system.
Since Fred DeLuca opened his first submarine sandwich store in Connecticut, USA in 1965, the Subway® brand has grown into a multi-billion pound business.
Over the many years it has been operating, the chain has finely tuned and developed its franchise system. The system is both efficient and effective, proving itself time and time again throughout the world. One of the key strengths behind the success of the Subway® brand is the solid support network and robust processes in operation.
Situated in a busy town with excellent footfall from both locals and tourists.
All support and training will be provided by the franchisor.
Franchise Resales has a fantastic relationship with all the major UK banks, so we can point you in the right direction when it comes to borrowing.
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