Sandwich Shops for sale in Darlington

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Established Sandwich Shop Franchise - Darlington

Darlington, Durham, England

  • Leasehold Price: £37,500  Price Reduced arrow_drop_down
  • Annual Turnover: £276,640
Seller Reference: 7224
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Business Description
 
 
 
 
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Seller Reference: 7224
Request Details
Business Description
Prominent Trading Location
Full Franchise Support & Training
Seating For 30
Average Weekly Sales £5320
Further Financial Info Available After Viewing
Five Star Food Hygiene Rating
All Major Delivery Platforms In Place
EPC - C
Blacks Brokers are pleased to bring to the market this leasehold Subway franchise opportunity located in a busy cinema complex in Darlington.

INTRODUCTION

This sandwich bar franchise at Unit 3 Feethams Leisure opened in 2016 and our client has been in ownership since 2019. The business is part of the largest fast food chain in the world, with nearly 35,000 stores in 90+ countries. There are over 1,500 stores in the UK and Ireland, making this the largest fast food chain in the market place. The well-established business is supported by the hugely popular worldwide franchise which includes signage, product delivery, valuable national advertising and ongoing training. A new owner will be interviewed by the franchise and two weeks training will be provided initially.

LOCATION

The business is positioned within a popular DL1 cinema complex in the centre of Darlington. As one would expect from this type of complex there are other big name brands within the centre such as Nandos and Vue Cinema.The area is very well linked by the motorway network, public transport links are excellent and parking is available.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests, it is now offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a twelve year lease which began in 2019 at a cost of £288 per week.

STAFF

The business is currently operating with five full time and one part time member of staff supporting our client working on a full time basis.

FINANCIAL DETAILS

This business has traded solidly since opening.We are informed by our client that the business produces a turnover of £4500 per week with a gross profit of 30%.

BUSINESS RATES

Currently the business benefits from a rates free period until March 2021.

SUMMARY

This leasehold business is well established and located in a superb trading position in a busy cinema complex attracting high footfall. The business can show steady growth and is currently showing a 70% increase on the previous years trading projected turnover is £260,000 per annum. This proposition would ideally suit an owner operator able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Tables

Chairs

Ovens

Refrigerated Display Counter

Walk In Fridge

Upright Freezers

Under Counter Fridges

Coffee Machine

Bread Oven

Bread Proofer

Microwave

Epos Till
Trading hours:
MON - THU: 07:00 - 20:00
FRI & SAT: 07:00 - 21:00
SUN: 07:00 - 20:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
The business is presented with the standard corporate branding and signage displayed above a fully glazed frontage. This well presented shop occupies a prominent trading position with an impressive double front.. Inside, there is a dining area that can accommodate twenty diners internally supported by an area externally that can accommodate ten, it is very well presented with good quality fitted fixtures and fittings in place, wooden and tiled flooring throughout and neutral decor. The servery counter is positioned to the rear with preparation kitchen behind. To the rear there are also toilet facilities, washing up area, walk in fridge and freezer. All areas are finished nicely with good quality fixtures and fittings in place.

Location Details:
Darlington
Leasehold Term:
£288 Per Week
Listed by:
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