Profitable Subway Business in Kent, Established in 2010, £6,000 Weekly Turnover
Undisclosed, Kent
- Status
FOR SALE
- Date Submitted:
18/02/21
- Advert ID
272268
- Reference
31081-998259 / Rightbiz
- Call Agent:
- Leasehold: £79,000
- Turnover: Not Applicable
- Net Profit: On request
Business Details
Don't miss this opportunity to own a profitable Subway franchise
PRICE REDUCED for quick sale.
Rare opportunity to own a profitable subway store in Kent. This business is established since 2010. Owned by the current owner for last 4 years. Enjoys turnover of £5,800 per week with rent payable of £17,500. Per Annum with. Nil business rates.
The store is due refurbishment. £50k to £70k approximate refurbishment cost.
Since 2007, Subway has consistently ranked in Entrepreneur magazine's Top 500 Franchises list. In 2015, it ranked #3 on the "Top Global Franchises" list and #1 as the "Fastest Growing Franchise".[20][21] At the end of 2010, Subway became the largest fast-food chain worldwide, with 33,749 restaurants – 1,012 more than McDonald's.[22].
This is a very good opportunity for those working in the catering industry. It would particularly appeal to someone looking for an entry level catering franchise. Currently business is Managed by staff members. This proposition would ideally suit an owner operator who would be able to push the business forward and build upon the solid and impressive trading foundations. As well as a huge business park is being built nearby which will help the business to grow further. Early viewings are strongly advised
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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