Prime Halal Subway Store in Bustling Shopping Centre for Sale
Undisclosed
- Status
FOR SALE
- Date Submitted:
15/10/19
- Advert ID
250863
- Reference
20220077 / Rightbiz
- Call Agent:
- Leasehold: £165,000
- Turnover: £430,000 (£8,269 Per week)
- Net Profit: On request
Key Features
- Adjacent to Multiple Retailers
- Fully Fitted
- Established Business
- Small Business
- Town Centre location
- High Turnover
- Attractive Business
- Prime Location
Business Details
Flagship Halal Subway Store in Busy Shopping Centre Premium location
Offers are invited for a successful Halal Subway store which the current owner has successfully run for many years. It is located in a busy shopping centre. Millions of customers visit this retail centre every year. The current owner has increased takings during his tenure. This is an excellent opportunity for you to continue to build an established business in this prime location
Subway has excellent processes in place which give you every opportunity to make your business a success.
Summary
This Subway store is located in the West Midlands, in a large shopping centre. It a really busy retail centre with a high annual footfall. The store has excellent financials and operates 7 days per week. This business offers a great opportunity to enter the Subway Franchise Network with a flagship store.
The store is one of the few Halal outlets within the retail centre and is one of only a small number of Halal outlets within the Subway UK empire.
The store has introduced customer delivers successfully.
The store is located directly opposite a Supermarket entrance – a key target for the weekly shop.
The current owner is looking at significant new investment opportunities which will require his full-time focus.
The owner has established employees in place. The current owner will provide the new owner with every technical assistance to ensure that the store continues to be a success.
The store has seen significant sales increases over past twelve months.
Annual Rent is £61,000 Annual Rates £18,000 Annual Service Charge £10,390
The current lease is due for renewal in November 2023
The store refit has been delayed until the end of 2023
Opening hours
Monday to Friday 8am to 9pm
Saturday 8am to 7pm
Sunday 11am to 5pm
Potential
The store is situated in a large retail centre.
Millions of customers visit this retail centre every year.
Takings have increased during his tenure; he is continuing to work hard to achieve further increases.
Takings over the last twelve months have increased significantly.
Opportunities to develop potential promotion partnerships with local business outlets.
Conclusions
A great opportunity to own a Flagship Store within the UK’s top Food Franchise
Significant Increase in sales over past twelve months.
Located within a large retail centre.
One of only a small number of Subway Halal stores.
Located directly opposite to a supermarket.
One of the few Halal outlets within the shopping centre
Subway has excellent processes in place which ensure that you have opportunity to make your business a success.
Key Financial Information
Weekly Takings
£8,200
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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