Profitable Subway Franchise in Colchester Essex - 5 Years Established with Modern Design
Colchester, Essex
- Status
FOR SALE
- Advert ID
620679
- Leasehold: £210,000 (Stock at valuation)
- Rent: £27,000 (£2,250 per month)
- Turnover: £400,000 (£7,692 per week)
- Profit: £65,000 (17% Profit margin)
Key Features
- Established Business
- Price Reduced
- High Turnover
Business Details
Exceptional Business: Subway Franchise For Sale! (c)
The presented business opportunity is an established Subway franchise for sale. The franchise is situated in the heart of Colchester, Essex, and is presented as an exceptional opportunity. The business boasts a modern and vibrant interior design with a could not be more welcoming atmosphere. The establishment is fully operational, equipped with advanced service counters, and display units.
In addition to the appealing interior, strategically placed digital menu boards have been utilized to maximize customer engagement. For added convenience and efficiency, a designated area for order pick-up has been put in place. This venture leverages a popular and well-recognized global brand that reliably attracts customer loyalty.
This Subway franchise has been established and under the current ownership for five years. The strategic location is complemented by nearby amenities such as a retail park and two major educational institutions that help attract customers. While there is another food outlet in the area, the competition is rather low, making this a prime opportunity.
Over the years, the business has seen an average annual increase in turnover of about 5%. The asking price for the leasehold includes all fixtures and fittings. The current leasehold price stands at £210,000 with an annual rent of £27,000. The reported annual turnover is £400,000, yielding a profit margin of £65,000.
The sale is prompted by the owner's relocation, not by any business difficulties. The franchise currently employs seven staff members and has a strong online presence across all major food delivery platforms, contributing to its robust turnover. The outgoing proprietor will offer a full handover to aid the new owners during the transition period, ensuring training opportunities are available to maintain the business's success.
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
Contact seller
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
Get Solicitor
