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Flagship Halal Subway Store in Busy Shopping Centre Premium location

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Flagship Halal Subway Store in Busy Shopping Centre - Premium locationFlagship Halal Subway Store in Busy Shopping Centre - Premium location
  • Leasehold: £165,000
  • Turnover: £430,000 £8,269 Per week
  • Net Profit: N/A

Business Details

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

                                     

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Key Features

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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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