Sandwich Shops for sale in Huddersfield

View the "Established Subway Franchise In Huddersfield" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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David Binder (Nov 2017)
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Leasehold Price: £99,995 Annual Turnover: £192,000 Gross Profit: £144,000
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Business Description
Busy Main Road Next To Coral & Domino's Pizza
Parade of 14 Businesses
Free Car Park For 30
WISR For 2017 Available After Viewing
Annual Turnover £192,000
Gross Profit £144,000
Operated By Store Manager & Five Staff
Five Star Hygiene Rating
Well Presented With Seating For Around 20
Established & Renovated in 2014
CCTV Fitted Throughout
Full Franchise Support & Training
EPC - C
REF 6547 – Leasehold Subway Franchise

Blacks Brokers are pleased to bring to the market this leasehold Subway franchise located in a busy and much sought-after area of Huddersfield, West Yorkshire.

INTRODUCTION

Subway Wakefield Road was established by our client in 2014 to meet local demand for a business of this type in this area. 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 Subway stores in the UK and Ireland, making Subway the largest fast food chain in the market place. The well-established business is supported by the hugely popular worldwide Subway franchise which includes signage, product delivery, valuable national advertising and ongoing training. A new owner will be interviewed by Subway and two weeks training will be provided initially.

LOCATION

Well established and highly visible, this branch of Subway is located in a prime main road trading position. This means the business benefits from an excellent amount of passing trade and regular repeat custom. Other nearby businesses include Coral and Domino’s as well as a host of independent retailers and offices. The area is well linked by the M62, has excellent public transport links and has a large, free car park to the rear.

REASON FOR SALE

The business would be ideally suited to a hands-on owner-operator and is only available due to our client’s relocation to the south of England. Therefore, the business is offered for sale and 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 competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is ten years with rent reviews every five. The current lease began in 2014 at a cost of £269 per week.

STAFF

The business is currently operating with five members of staff in employment including a store manager.

FINANCIAL DETAILS

Subway Wakefield Road has traded solidly since opening. We are advised that the business currently has annual turnover of £192,000 with gross profits of £144,000. Royalty and marketing fees payable are 12.5%. Full financial details are available upon viewing.

BUSINESS RATES

Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a most enviable trading position and has a strong base of local and regular customers along with lots of passing custom. There is plenty of scope to develop the existing business further with the introduction of a delivery service, along with longer opening hours and a strong marketing campaign from a new owner. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures:
CCTV (6 points)

Stainless steel washing triple sink

Display unit

Subway ovens

Small drinks fridge

EPOS till

Coffee machine

Chairs/tables

Walk in fridge (cold room)

Walk in freezer
Trading Hours:
Mon - Fri - 7am - 9pm
Sat - 8am - 9pm
Sun - 9am - 9pm

Tenure: Leasehold

Accommodation Details:
Subway operates from the ground floor of an end terrace property within a parade of shops. The branch is branded with the usual Subway signage displayed above a fully glazed frontage. Inside, the dining area offers seating for around twenty with main counter and servery positioned to the left hand side. The premises also have toilet facilities, storage room and well equipped kitchen/preparation area. All areas are presented well with tiled flooring throughout. The branch opened in 2014 when the shop was fully refitted. There is no domestic accommodation with this business.

Location Details: Huddersfield

Leasehold Term: Rent: £269 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6547
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