This is an excellent opportunity to purchase an established, renovated, profitable, low-rent Subway store in a city centre location in Essex.
It has been upgraded to the new fresh-forward decor that includes digital menu panels, with no expensive remodels due until 2031.
It has a 15-year lease that can be renewed in 2039.
The store will be sold with all fixture and fittings included.
Years established: 15
- Asking Price:
- £159,000
- Turnover:
- £260,000
- Net Profit:
- £45,000
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
FRI 15-year lease until 2039 at a passing rent of £22,000 PA with statutory rights to renew.
- Leasehold Rent:
-
£22,000 per annum
- Location:
-
The store is located in a highly visible location on a busy road a short walk from the City centre with high footfall from college students, local businesses, shoppers and nearby residential areas.
- Premises Details:
-
Approx 1000 ft2, split over two floors. Comprehensively fitted throughout. The unit boasts two offices upstairs, plus stock room and staff toilet, and has plenty of storage space throughout.
Business Operation
- Employees:
- 5
- Years established:
- 15
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
All new franchise partners participate in a three-week franchise partner training program, two weeks of which are completed as intensive training in a regional, certified training restaurant. You will have access to the bespoke online training platform.
