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MANCHESTER - Sandwich Franchise Leading Fast Food Chain Attractive Weekly

Price:
Leasehold - £59,950
Seller Ref:
2307
Location:

Greater Manchester , Manchester

Business Type:

Food Service Businesses

See Other:
Sandwich shops for sale in Greater Manchester
Food service businesses for sale in Greater Manchester
Description:
THE BUSINESS:
MANCHESTER - Sandwich Franchise Leading Fast Food Chain Attractive Weekly Takings Parking To Front Number One Franchise Opportunity Largest Restaurant Chain In The World National Marketing & Advertising

Subway occupies a prominent location within this parade of stores directly opposite the main hospital complex and within the University Campus Site. Nearby retailers include: Tesco Express and a host of independent food operators. The Unit benefits from some car parking in front of the unit.

The Store is located heading south from Manchester on the A34 within the heart of the University Campus Facilites and directly opposite the New Hopsital Complex. The Subway store opened in July 2010. The store is fitted out in full compliance with very strict Subway International B.V. decor and design requirements, including globally sourced equipment specific to Subway stores.

The business is part of the largest 'fast food' chain in the world, with nearly 35, 000 stores in 90+ countries. In the UK & Ireland, there are over 1500 Subway stores, making Subway the largest 'fast food' chain in the marketplace. The business benefits from an established and robust supply chain infrastructure, along with national advertising and marketing.

A prospective buyer must be formally approved by Subway International B.V., sign the Franchise Agreement and attend Franchisee Training (unless they are a current franchisee and have already completed Subway Franchisee Training) prior to the sale being completed.

As part of the standard Subway International B.V Franchise Agreement, all franchisees pay 8% of Net Sales as on ongoing Royalty to Subway, and a further ongoing marketing contribution of 4.5% of Net Sales. Purchasers must pay $5,000 to Subway International B.V. for the transfer of the Franchise Agreement.

The approved buyer can attend the mandatory two week Subway Franchisee Training Course either at the Subway UK & Ireland HQ in Cambridge or at Subway World HQ in Connecticut, USA.

Ground Floor, 30 Covers, External Seating Area,Disabled WC, Back Of House Preparation Areas

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