Prominent Trading Position
Annual Turnover £292,487
Gross Profit £239,150
Accounts Available After Viewing
Profitable Store & Low Rent
Genuine Reason For Sale
Franchise Support & Training
Management Team In Place
Five Star Food Hygiene Rating
Large Repeat Customer Base
Uber Eats, Just Eat & Deliveroo In Place
Scope For Strong Marketing Drive
EPC - E
REF 7563 – Leasehold Freehold Relocatable
Blacks Brokers are pleased to bring to the market these two franchise sandwich shops located in Bradford and Leeds, West Yorkshire.
Subway is the largest fast food chain in the world, with nearly 35,000 stores in 90+ countries. There are over 1,500 Subway stores in the UK and Ireland, making Subway the largest fast food chain in the market place. Subway Bradford was established in 2012 and Subway Leeds was established in 2013 with our client taking ownership of both in 2019. Both businesses are very well known in these busy central areas and both have a strong base of regular customers in place as well as benefitting from a huge amounts of passing trade due to their prominent trading positions. Our client has ensured both businesses has an excellent reputation and superb reviews are noted online.
The business occupies a prominent corner trading position on a busy junction within the town centre. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Costa Coffee and Home Bargains. The area is well linked by the M62 and A650 with very strong public transport links and parking is available in the surrounding area.
This branch occupies a superb main road trading position within a parade of shops and offices including Pizza Hut and Tesco Express with parking to the front and a busy residential housing opposite. There are also a number of local amenities nearby including schools and parks. As with the Bradford branch, the area is well linked by the M62 with very strong public transport links close by.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a FRI lease. The current lease is a ten year lease which began in 2014 at a cost of £307 per week.
This branch operates with six members of staff in employment this includes a manager and front of house. Our client oversees management remotely.
The business has traded solidly since opening and have both have established strong repeat customer bases. We are advised that the branch has annual turnover of £292,487 and gross profit of £239,150. Full financial information is available upon request.
Purchasers should enquire with relevant local authorities to confirm the rates payable.