The Subway store is located in one of Bristol’s super prime locations, Whiteladies Road in Clifton. It is at the heart of a vibrate student and local community, having operated in the location for over 14 years. Under the new owner the store will seek to grow top line revenue in the location, capitalising on the refresh of the Subway brand – Subway® Fresh Forward, and also recently agreed delivery contracts with Uber East and Just Eat, as well as Remote Order. Furthermore, there is significant room for cost of goods and operational efficiencies in the store thereby improving bottom line EBITDA (“Earning Before Interest Tax Depreciation and Amortisation”).
Given the aspirations of the city and the South West region, these plans are judged to be conservative and prudent. The store’s core mission will be to continue growing the business while tirelessly seeking cost efficiencies, providing a stable operating platform able to service all its debt (where taken) comfortably and selectively release capital for investment in other areas.
The store is located close to Bristol University, Clifton Down Shopping Centre, Bristol Zoo, Clifton College, two laguage schools and a healthy customer based from the local community. Search results for restaurants in the area there is little to no direct competition for the store.
The Subway brand is number one in quick service restaurants across the world. With growing ever increasing customer base of healthy eaters and also catering with a large number of Vegan friendly products. This is a great opportunity to purchase a Subway store in a key strategic location earmarked as a flagship store by the Subway Group UK and Ireland. The support from the wider Subway family is excellent, with training, operations, IT and marketing covered, becoming a business owner and franchisee has never been made so easy!
Subway in Clifton has excellent customer following and processes in place which will give you every opportunity to make the business a success.
The store operates 7 days per week, and has a late license until 3am on Friday and Saturday.
Given the store is well established and supported by a strong Subway franchising model, funding can be agreed with HSBC on a 70/30 basis. This can be broken down as follows:
Cost of leasehold = £165,000
Cost legal expenses = £5,000
Total = £170,000
70% lending by HSBC = £119,000
30% owner capital = £51,000
Therefore, you only need to have around £50k to buy this business.
Extremely busy location close to Clifton Down Shopping centre, Bristol University, Clifton College, Bristol Zoo and two language schools with excellent passing trade and regular foot fall.