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Fresh Nearly New High Performance Subway Store open since 2017 in Busy Shopping Centre

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Fresh Nearly New High Performance Subway Store open since 2017 in Busy Shopping CentreFresh Nearly New High Performance Subway Store open since 2017 in Busy Shopping Centre
  • Leasehold: £175,000
  • Turnover: On request
  • Net Profit: N/A

Business Details

Offers of £175,000 are invited for this High-performance Subway Store.

The Subway brand is the number one quick service Restaurant. This is a great opportunity to purchase a successful Subway store located in a busy town centre. The current owner has successfully run the business since it opened in May 2017.

This is an excellent opportunity to own a very fresh Subway business in a prime location. You have the opportunity to continue to build the business based upon very solid foundations.

This Subway is the first thing you will see when you enter the town centre.

The owner has worked hard on marketing his business.

This is one of the Top ranked stores in the area.

Subway has excellent processes in place which give you every opportunity to make your business a success.

Summary

This Subway store is located in a busy shopping centre with a high footfall of regular visitors. The store has excellent financials and operates 7 days per week. This business offers a great opportunity to enter the Subway Franchise Network with this High Profit nearly new store.

 

Given the age of the store it has a very fresh new feel and has a very customer and staff friendly layout.

It enjoys excellent passing trade and has excellent parking facilities. The main shopping centre Multi Storey car park with 400 spaces is directly in front of the store.

The store has a bright clean interior with seating for 27 customers. The business operates efficiently using the proven Subway system and benefits from a low fixed cost base. The store has successfully introduced deliveries. The fresh forward look of the store will significantly reduce refit costs in 2027.

The current owner is looking at new business opportunities in a new location.

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.

Rent is £1,417 PCM                      Rates £5401 per annum           

The current lease is due for renewal in March 2032

The store refit is due in 2027.

 

Opening hours

Monday to Thursday      7am to 7pm

Friday and Saturday       7am to 8pm

Sunday                              9am to 5pm

 

Potential

The store is situated in a busy retail centre with high footfall. It is situated adjacent to main bus stops, opposite main Multi Storey Car Park.

It is almost the first thing you see when you arrive at the town centre.

The store introduced has successfully introduced deliveries.

Opportunities to develop potential promotion partnerships with local outlets.

Potential to increasing marketing through partnerships with local businesses

Increase opening hours during summer months.

 

Conclusions

A great opportunity to own a large nearly new high profit store within the UK’s top Food Franchise

One of the Top-Ranking Subway stores in the area.

Located within a busy retail centre.

Clean, fresh and bright layout

Low cost structure.

Excellent passing trade with good Parking facilities

Subway has excellent processes in place which ensure that you have opportunity to make your business a success. 

 

Key Financial Information

Current Average Weekly Takings

£5,000 plus

 

 

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Key Features

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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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