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Subway Franchise In Framwellgate Moor For Sale

Framwellgate Moor, Durham
Asking Price:
£54,950 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
Available on request

• Turnover £130,000 - £150,000 per annum.
• Busy parade location.
• Close to Schools, Hospital, Colleges and Business Park.
• Fully fitted and equipped for the trade.
• Established and reputable global franchise.
• Now part of the JUST EAT delivery network.
• LEASEHOLD WAS £74,950 NOW £54,950 plus stock

Property information

Property:

Leasehold

Lease Terms:

Held on a 15 year lease from 2014 at a passing rental of £15,000 per annum plus VAT with a rent reviews and break clauses every 5th anniversary.

Leasehold Rent:

£15,000 per annum

Location:

The business has been in our clients’ ownership for approximately 4 years being situated in a busy parade of shops it is ideally located close to New College Durham, Framwellgate School and University Hospital. Our client is disposing of the shop due to a change in his personal circumstances.

Premises Details:

The UK Subway franchise originated in 1996 when the first store opened in Brighton and has expanded rapidly over the years with the current number of outlets being in the region of 1,800. The brand has plans to increase this to nearly 3,000 stores over the next 6 years. A typical new Subway franchise can cost well over £100,000 plus VAT to set up so this trading franchise offers great value for money.

This branch opened in 2014 and the locations are generally prime and include high profile shopping centres, city centres and University areas. There is a strong, identifiable corporate image backed up with marketing support and guidance from a head office team. For this support, and including the aggressive media marketing, the franchisees pay a fee which equates to circa 12.5% of the turnover.

The target customers are young professionals, students and office workers looking for good quality, good value food and drink. The low fat menu has proved particularly popular and the range of product is naturally evolving.

This franchise is compact and easily managed and would be ideal for a couple to owner operator.

Agents Notes;

A franchise fee of £5,000 is payable to SUBWAY which covers the transfer and 2 week training course.

Energy Performance Rating:
C

Business Operation

Trading hours:

Monday - Friday 7.00am - 8.00pm
Saturday & Sunday 9.00am - 7.00pm

Employees:
Currently run under management with 1 full time and 4 part time members of staff.
Years established:
4 years.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

A franchise fee of £5,000 is payable to SUBWAY which covers the transfer and 2 week training course.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  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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