6446 / Rightbiz
Leasehold Price: £74,995
Annual Turnover: £164,427
Annual Net Profit: £20,002
- Prime Retail Trading Location
- Annual Turnover 2018- 2019 £164,427, GP £54,788. NP £20,002
- Well Established Brand Opportunity
- Customer Seating For 24
- 5* Food Hygiene Rating
- Operating Under Management
- Newly Fitted To Subway Specifications
- EPC - F
REF 6446 – Leasehold Subway Franchise Opportunity
Blacks Business Brokers are pleased to bring to the market this leasehold Subway franchise opportunity located in the busy and much sought after shopping area of Stockbridge Village, Liverpool.
Subway Stockbridge Village was established by our client in January 2018 to meet local demand for a business of this type in this area. The business is part of 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. The well-established business is supported by the hugely popular worldwide Subway franchise which includes signage, product delivery, valuable national advertising and ongoing training. A new owner will be interviewed by Subway and two weeks training will be provided initially.
This branch of Subway is well established and highly viable, located in a prime retail location in Stockbridge Village. This superb new branch benefits from a huge amount of passing trade as well as regular repeat custom from residents, local offices, shops and pupils from Knowsley community college which is a short walk away. The area is well linked by the M57 and there is plenty of free, off road parking available immediately outside.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but is currently operated by staff only due to our client’s other business commitments and lack of time to dedicate to this business. Therefore, the business is offered for sale and 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 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 five years and began in 2017 at a cost of £230 per week.
BUILDING LAYOUT AND DESIGN
The business operates from a single storey, purpose built retail unit within a busy parade of shops and other local businesses. The shop was fully refitted to the standard Subway standards in early 2018 and has large signage and branding displayed above a fully glazed frontage. Inside, the counter and servery area is positioned to the left hand side with seating in the dining area for 24. To the rear of the shop there is toilet facilities and a large preparation area with pot wash and walk in fridges and freezers.
The business is currently operating with five members of staff in employment – this includes two part time managers. Our client is not involved in the day to day running of this store.
Subway Stockbridge Village has traded solidly since opening. We are advised that the business currently has annual turnover of £164,427 and gross profit of £54,788 with NP £20,002. Royalty and marketing fees payable are 12.5%. Full financial details are available upon viewing.
Purchasers should enquire with relevant local authorities to confirm the rates payable.
This leasehold business offers a superb opportunity for a new owner operator. The branch is perfectly positioned in a busy retail area with parking immediately outside. There is plenty of scope to develop the existing business further with a strong marketing drive and the introduction of an owner operator which would increase profits significantly. This proposition would therefore ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Fixtures & Fittings:
All tables and chairs
EPOS till system
Chiller display cabinets
Walk in fridge and freezer
Mon - 8am - 7pmTue - 8am - 7pmWed - 8am - 7pmThur - 8am - 7pmFri - 8am - 8pmSat - 8am - 8pmSun - 10am - 6pm
£230 Per Week. Weekly Rent:
£230 Per Week.
Location: Liverpool, Merseyside
Sector: Sandwich Shops, Retail
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