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Popular Sandwich Bar Franchise Wythenshawe

Wythenshawe, Manchester
Leasehold Price:
£99,500
Status
FOR SALE
Advert ID
252323
Reference
6980 / Rightbiz
    Busy High Street Trading Position

    Annual Turnover £183,760

    Gross Profit £104,799

    Further Financial Info Available After Viewing

    Full Franchise Support & Training

    Uber Eats & Just Eat Accounts In Place

    Fully Equipped

    Staff Parking For 2 Vehicles To Rear

    Fantastic Online Reviews

    Five Star Food Hygiene Rating

    Scope To Introduce Platters

    EPC – E

Description:
REF 6980 – Leasehold Sandwich Bar Franchise
Blacks Business Brokers are pleased to bring to the market this leasehold sandwich bar franchise located in Wythenshawe, Greater Manchester.

INTRODUCTION
This sandwich bar was established in 2014 and our client took ownership in 2016. The has become very well known in this area and has a strong base of regular customers in place as well as benefiting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Trip Advisor and Just Eat.

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 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.

LOCATION
The business occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers and large multiples such as Costa, Bet Fred and Bargain Booze. There are also a number of schools and large housing estates nearby. The area is well linked by the M60 with strong public transport links and parking is available in the surrounding area.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to the demands of our client's family commitments, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The current lease is a ten year lease which began in 2015 at a cost of £279 per week.

STAFF
The business operates with eleven part time staff in employment supporting our client working on a full time basis. All staff are on zero hour contracts.

FINANCIAL DETAILS
The business has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £183,760 and gross profit of £104,799. Royalty and marketing fees payable are 12.5%. Full financial information is available upon request.

BUSINESS RATES
The business has a rateable value of £5,316. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This leasehold business occupies an enviable trading position and has a strong base of local and regular customers along with lots of passing custom. The current owner has introduced accounts with Just Eat and Uber Eats which has boosted takings. There is plenty more scope to develop the existing business further with the introduction of new opening hours, sandwich platters and local catering for businesses and a strong marketing drive. This proposition would 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:
This sandwich bar operates from the ground floor of a large end terraced property within a parade of shops. The branch is branded with the usual franchise signage displayed above a fully glazed frontage. Inside, the dining area offers seating for customers with main counter and servery positioned to the side. The premises also have toilet facilities, a storage room and well equipped kitchen/preparation area. All areas are presented well with tiled flooring throughout.

Fixtures & Fittings:
Fridges
Oven
Proofer
Microwave
Toaster
Coffee Machine
Till
Phone
Printer
Tables
Chairs


Opening Hours:
MON - FRI: 07:00 - 21:00SAT: 08:00 - 21:00SUN: 09:00 - 20:00


Weekly Rent:
£279 Per Week. Weekly Rent:
£279 Per Week.
Listing Details
Leasehold Price: £99,500
Tenure: Leasehold
Location: Wythenshawe, Manchester
Sector: Sandwich Shops, Retail
Financials
Annual Turnover: £183,760
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6980 / Rightbiz

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