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Subway Restaurant At Doxford Business Park (Prime Location) For Sale

Sunderland, Tyne and Wear
Asking Price:
£140,000
Turnover:
£300,000
Net Profit:
£50K - £100K

A prime location Subway store located in Doxford Business park which contains roughly 50 different offices. The only competition for lunch is a Greggs next door and a newsagents.

Located just off the A19 so very easy access and free customer parking outside the store is available. It also has toilets for customer use.

This store has huge potential due to the large customer base available and is currently operating without the store owner, so expect a 15-20% in weekly profit if there is regular presence of the owner.
However for day to day operation, it has its own fully trained staff and store manager.

The store is due for remodelling however this has been reflected in the asking price.

Net profit ranges from £50k - £80k and as mentioned before reaches 80k with the presence of the store owner.

Lease is £17,500 per year, plus service charges and expires in 2024.

Property information

Property:

Leasehold

Lease Terms:

Lease expires 2024. Above rent + services charge.

Leasehold Rent:

£17,500 per annum

Location:

Centre of Doxford business park that contains over 20 different offices.
Easy access - just off the A19
Close to Sunderland city centre

Premises Details:

Free customer parking available
Customer use toilet
Main serving area and back room only

Business Operation

Competition / Market:

The only lunch competition is Greggs next door otherwise there are no other eating options in walking or close driving distance.
Also a newsagents next door.

Reasons for selling:

Relocating so cannot look after business.

Trading hours:

7am to 7pm Mon-Fri
7.30am to 6pm Sat
9.30am to 4.30pm Sun

Employees:
5

Other Information

Support & training:

Upon being approved as a Subway franchisee, you will receive all the necessary training by Subway to operate the stores on your own as well as managing the stores as a franchisee i.e all the tools and resources they provide via the Subway portal.

Contact Information

    1. Your Address

    2. Optional
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  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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