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SOLD OR WITHDRAWN FROM THE MARKET
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Well Established Sandwich Bar Franchise in Sale

Sale, Manchester
Leasehold Price:
£99,900
Status
SOLD / WITHDRAWN
Advert ID
210039
Reference
6074 / Rightbiz
    Run under Management

    Annual Turnover £260,000

    Gross Profit £160,000

    Free Car Park Directly Outside

    4* Food Hygiene Rating

    EPC - E

Description:
REF 6074 – Leasehold Sandwich Bar Franchise
Blacks Business Brokers are proud to bring to the market this leasehold Sandwich Bar Franchise located in a busy much sought-after area of Sale, Greater Manchester.

INTRODUCTION
This business has been trading on Washway Road since 2013 with our client in ownership since opening. The business has become a popular part of the local community, gaining a large and loyal customer base along with a superb reputation.

LOCATION
Situated on a busy main road, this business is positioned close to the M60 and the area is exceptionally busy. This area is Sale is mainly commercial, however there is a large residential community close by and the business has a good base of regular customers in addition to benefitting from much passing trade. Parking is available immediately outside and public transport links are excellent.

REASON FOR SALE
This business is only being offered for sale due to our client’s other business commitments.

LEASE
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 15 years with rent reviews every 3. The current lease began in 2007 at a cost of £346 per week.

BUILDING LAYOUT AND DESIGN
The business is housed within the ground floor of a large, double fronted unit within a very busy parade of shops and other businesses. This branch is well branded with the usual Franchise signage displayed above a fully glazed frontage. Inside, the business is presented to a very high standards as per the corporate presentation guidelines. There is seating in the main dining area for 16 with servery positioned to the rear of the space with kitchen behind. Staff and customer toilets are also housed within the ground floor. Each area has been carefully finished and is presented well with good quality fixtures, fittings and equipment in place. A full inventory is available on request. Please note: this is a two-storey retail unit with the first floor currently not used – this could be converted into additional seating with some investment.

STAFF
This business is currently operating with six members of part-time staff in employment including one manager.

FINANCIAL DETAILS
Financial details are available upon a viewing of this business which has traded solidly over its trading history. The business generates an annual turnover of £260,000 with gross profits of £160,000.

SUMMARY
This leasehold business is very well-established and a well-known franchise opportunity. There is plenty of scope to develop the business further with the installation of a staircase to open up the first floor and expand the business and seating options. This proposition would ideally suit an owner operator team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
Deep Fat Fryers
Chiller Servery
Microwaves
Convection Oven
Fridges
Freezers
Coffee Machine
Hot Chocolate Machine


Opening Hours:
MON - FRI: 07:00 - 21:00SAT: 09:00 - 21:00SUN: 10:00 - 20:00


Weekly Rent:
£346 Per Week. Weekly Rent:
£346 Per Week.
Listing Details
Leasehold Price: £99,900
Tenure: Leasehold
Location: Sale, Manchester
Sector: Sandwich Shops, Retail
Financials
Annual Turnover: £260,000
Annual Net Profit: £40,000
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6074 / Rightbiz

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