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Two Sandwich Shop Franchise Branches Manchester

Ashton under Lyne, Manchester
Leasehold Price:
£179,995
Status
FOR SALE
Advert ID
243097
Reference
6774 / Rightbiz
    Two Popular Franchise Sandwich Bars ran Under Management

    Both Located Within Bustling Town Centre

    Combined Annual Turnover £550,000

    Accounts Available After Viewing

    Option to buy Wellington Road separately ( price on application)

    Long Established

    Full Franchise Support & Training

    5 Star Food Hygiene Rating For Both Sites

    Scope To Introduce Deliveries

    EPC E & G

Description:
REF 6774 – Two Leasehold Sandwich Shop Franchise Branches
Blacks Business Brokers are pleased to bring to the market these two well known leasehold sandwich bar franchises located in the town centre of Ashton-under-Lyne, Greater Manchester.

INTRODUCTION
This franchise 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 of these stores in the UK and Ireland, making this the largest fast food chain in the market place. The well-established business is supported by the hugely popular worldwide sandwich franchise which includes signage, product delivery, valuable national advertising and ongoing training. A new owner will be interviewed by the franchise and two weeks training will be provided initially. Both these sandwich bars have been trading in Ashton-under-Lyne for around ten years. One is located on Wellington Road and the other on Warrington Street.

LOCATION
Wellington Road branch is positioned on a busy retail park with parking immediately outside. This shopping park is also home to National Tyres & Autocare, Poundstretcher and PureGym with a huge branch of Ikea next door. Warrington Street branch is located within the pedestrianised area of the town and neighbouring businesses include large multiples such as EE, O2 and Thomas Cook. Ashton Under Lyne is well linked by the M60 and A635 with excellent public transport links.

REASON FOR SALE
The business would be ideally suited to a hands-on owner-operator but due to our client’s other business interests the business is managed by staff and is therefore offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
Both buildings are available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. Both leases are twenty years and began in 2010. The current lease for Wellington Road runs at a cost of £615 per week and the lease for Warrington Street runs at a cost of £462 per week.

STAFF
Both branches are currently operating with six members of part time staff in addition to one full time manager. Our client is not currently involved in the day to day running of either branch.

FINANCIAL DETAILS
These two busy branches have traded solidly since opening. We are advised that the two have a combined annual turnover of £550,000. Royalty and marketing fees payable are 12.5%. Full financial details are available upon viewing.

BUSINESS RATES
Warrington Street branch has a rateable value of £13,000. Wellington Road branch has a rateable value of £12,500. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
These two leasehold businesses both occupy superb positions in a very busy area of Ashton Under Lyne and has a strong base of local and regular customers along with lots of passing custom from visitors. There is scope to market lunchtime catering to local businesses and this type of service is in high demand in this area and a delivery service could be of great benefit. A new owner operating team could also reduce staffing costs 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.



Accomodation:
BUILDING LAYOUT AND DESIGN
Both sandwich bars operate from spacious mid terraced properties – Wellington Road branch is a purpose built retail unit. The branches are branded with the usual franchise signage displayed above a fully glazed frontage. Inside, the dining area in both sites offer seating for around eighteen with main counter and servery positioned to the rear. The premises also have toilet facilities, storage rooms and well equipped kitchen/preparation areas. Warrington Street has some additional storage space available within the first floor of the property. All areas in both branches are presented well with tiled flooring throughout.



Fixtures & Fittings:
Prep Units
Till
Refrigerated Display Fridge
Microwaves
Drinks Fridge
Fridges
Freezers
Tables
Chairs


Opening Hours:
Both Sites - MON - FRI: 07:00 - 20:00SAT: 09:00 - 19:00SUN: 09:30 - 18:00


Weekly Rent:
Wellington Rd £615 P/W - Warrington St £462 P/W. Weekly Rent:
Wellington Rd £615 P/W - Warrington St £462 P/W.
Listing Details
Leasehold Price: £179,995
Tenure: Leasehold
Location: Ashton under Lyne, Manchester
Sector: Sandwich Shops
Financials
Annual Turnover: £550,000
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6774 / Rightbiz

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