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Sandwich Shop Franchise Salford

Salford, Manchester
Leasehold Price:
£59,950
Status
FOR SALE
Advert ID
244746
Reference
6832 / Rightbiz
    T/O £187,200; G/P £125,700

    Further Financial Info Available After Viewing

    Superb Transport Links

    Seating For 16

    Full Franchise Support & Training

    Low Rent

    Close To Pendleton Sixth Form

    Ample Free Parking

    Ill Health Forces Sale

    Scope For Longer Opening Hours

    Potential To Introduce Deliveries

    EPC – C

Description:
REF 6832 – Leasehold Sandwich Shop Franchise - Salford
Blacks Business Brokers are pleased to bring to the market this leasehold Subway franchise opportunity located in a very busy and much sought after area of Salford, Greater Manchester.

INTRODUCTION
Subway on Bolton Road, Salford has been trading since 2015 with our client in ownership since 2017. 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.

LOCATION
This busy main road is close to Pendlebury and Pendleton in Salford. This is a densely populated area with a range of large multiples including Aldi and Tesco extra as well as independent retailers and offices. The area is very well linked by the M602, public transport links are superb and parking is available immediately outside the shop. This is a popular parade of businesses.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operating team but due to our client’s ill health it is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

BUILDING LAYOUT AND DESIGN
The business is presented with the standard Subway corporate branding and signage displayed above a fully glazed frontage. This well presented shop occupies a prominent trading position within a busy parade on a main road. Inside, the dining area offers seating for around sixteen. It is very well presented with good quality fitted fixtures and fittings in place, tiled flooring throughout and neutral decor. The servery counter is positioned to the side with preparation kitchen behind. To the rear there is also a staff toilet, washing up area, walk in fridge and freezer.

The first floor of this property is not included in the lease.

STAFF
The business is currently operating with 2 full time and 4 part time members of staff including an assistant manager in employment supporting our client working in a management role.

FINANCIAL DETAILS
This branch of Subway has traded solidly since opening. We are advised that the business currently has annual turnover of £187,200 and gross profit of £125,700. Royalty and marketing fees payable are 12.5%. Full financial details are available upon viewing.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This leasehold business is long-established and located in a superb trading position within a busy shopping parade. Free parking is available to the front and in the surrounding area. There is plenty of scope to develop the business further with the introduction of longer opening hours to include late nights and a delivery service which is in high demand in this area. There is also potential to cater for other local businesses and offices. This proposition would ideally suit an owner operator able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
Toaster Oven
Bread Oven
Bred Prover
Walk in Freezer
Walk in Fridge
Drinks Dispenser Machine
Coffee Machine
Display Drinks Fridge
Salad Chiller
Display Cabinet
Cookie Cabinet
Epos Till System
Bain Marie


Opening Hours:
MON - FRI: 07:00 - 19:00SAT: 09:00 - 19:00SUN: 10:00 - 18:00


Weekly Rent:
£111.50 Per Week. Weekly Rent:
£111.50 Per Week.
Listing Details
Leasehold Price: £59,950
Tenure: Leasehold
Location: Salford, Manchester
Sector: Sandwich Shops
Financials
Annual Turnover: £187,200
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6832 / Rightbiz
Listing Statistics
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