Subway For Sale in Prime Location

Price:

Offers invited

Turnover:

Seller Ref:

BMA496

Location:

London, London

Business Type:

Food Service Businesses, FRANCHISE RESALES

See Other:

Fast food restaurants for sale in London
Other food service businesses for sale in London
Other takeaways for sale in London
Sandwich shops for sale in London
Food franchise resales for sale in London
Food service businesses for sale in London
Franchise resales for sale in London

Description:

THE BUSINESS:

The unit is a highly visible shop in a prominent position within the food court. The shop layout comprises a customer reception, serving area and kitchen at the rear. A large communal seating area is available for customers with over 150 covers in the centre of the Food court. The communal WC’s is close to the unit and is shared with other tenants.

THE BUSINESS
The busy takeaway sandwich franchise is backed by an internationally recognised brand name and is supported by extensive national marketing with an excellent franchise support system. The Franchise is the No.1 quick service sandwich store chain in every market it serves and continues to experience strong growth with over 34,000 locations worldwide.

The takeaway offers a wide variety of fresh made-to-order sandwiches, salads, cold beverages and cookies.

The current owner is now selling to move on to other business ventures

TRADING INFORMATION
Our client has advised that the business currently generates a gross weekly turnover of £13,500. Further trading information will be available after a formal viewing has been conducted.

BUSINESS RATES
We have also been advised by our client that the business rates payable for 2010/2011 is circa £18,395. This is to be confirmed with the council.

FIXTURES AND FITTINGS
We are advised that all fixtures and fittings are owned outright.

Location Details:

The business occupies a prominent position on the second floor in a prime shopping centre which is adjoined to one of the UK’s busiest train stations. Access to the food court is via the shopping centre or the station.

Lease Terms:

We have been advised that the premises is held on a FRI 15 year lease which commenced in December 2009. The annual rent passing is £73,000. Formal rent reviews are conducted every 5 years.

Trading Hours:

The business currently trades: Mon-Sun 7:00am – 11:00pm