Highly Profitable Subway Store in Kent Medway with High Turnover for Sale
Undisclosed, Kent
- Status
FOR SALE
- Date Submitted:
07/07/21
- Advert ID
279396
- Leasehold: £165,000 (Stock at valuation)
- Rent: £26,000
- Turnover: £365,000 (£7,019 Per week)
- Net Profit: £41,000 (12% Profit margin)
Key Features
- Town Centre location
- Established Business
- Close to Local Amenities
- Prime Location
- Fully Fitted
- Accounts Available
- High Turnover
Business Details
Subway High profitable store Kent Medway
High Turnover, Highly Profitable. High street Subway for sale in Kent Medway.
Located on the high street near railways station with heavy footfall.
Weekly Net Sales £8300
Purchase price 165,000 - No time wasters please.
The first SUBWAY® store was opened in 1965 by Fred DeLuca and Dr Peter Buck. It was the first to reach more than 43,556 – stores to open in over 110 countries. There are more than 2,500 stores within UK & Ireland. The SUBWAY® brand is the number one Quick Service Restaurant (QSR) brand worldwide by total store count, as of January 2014. Offering an extensive menu line of over 37 million combinations for our customers.
The first SUBWAY® store opened in the UK in 1996. Since then, the SUBWAY® brand has grown at an exceptional rate and continues to expand. The head office for the SUBWAY® brand in the UK and Ireland is based in Cambridge, offering support on R&D, leasing, customer service, training and franchisee services. Furthermore, the local DA offices provide continuous support with development and operations; including the on going support by Field Consultants with their regular store visits. Franchise World Headquarters prides itself on offering an excellent support network for all franchise owners.
The store is mostly staff operated and has regular customer base. The weekly sales approaching £8,300.00 per week. Exceptionally low fixed operating cost. There is massive scope for a working owner to further increase turnover and profit. Owner selling becasue of serious health issue.
Full details of company accounts and store would be provided to serious potential buyer with funds available and signing the disclosure form. Owner needs to complete remodelling which is in the range of £65,000
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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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.'.
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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.
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