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Two Established Subway Stores In Stockton For Sale

Stockton-on-Tees, Teesside, UK
Asking Price:
£130,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

Two subway stores for sale in the Stockton area for a combined price of offers in the region of £130,000.

Subway Portrack Lane has been trading for over 10 years, and Subway Billingham has been trading for over 5 years. Both are well established, with a loyal customer base and experienced staff and management.

The store in Portrack Lane is in a busy retail park on the popular Portrack Lane trading estate, where the customer base consists of local residents, workers, and passing trade. The store in Billingham is in the town centre shopping precinct, close to a large residential area and leisure center, as well as a lot of well-known high-street brands.

Both stores would benefit from extra trading hours and developing an already solid third-party delivery base, and both are suited to either a hands-on franchisee or managed from a distance.

Please note that any buyer will need to go through the subway franchisee application and training program to be able to become a franchise owner.

Property Information

Property:

Leasehold

Lease Terms:

15 years from 2022 and 15 years from 2018

Leasehold Rent:

£20,000 per annum

Location:

retail park and town centre

Size in square feet:
1000+ sq ft
Energy Performance Rating:
E

Business Operation

Expansion Potential:

increased passing trade, third party delivery ( just eat etc ) increased trading hours

Reasons for selling:

retirement

Trading hours:

variable

Employees:
20
Years established:
10+

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

full training will be given by Subway for all new franchisees. Training is included in the cost of the transfer fees payable to subway, but costs on any accommodation required needs to be met by the potential buyer.

Home based:
This business can be run from home.