Sandwich Shops for sale in Hull

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Newly Fitted Sandwich Bar Franchise - Hull

Hull, East Yorkshire, England

  • Leasehold Price: £54,995  Price Reduced arrow_drop_down
  • Annual Turnover: £250,738
  • Annual Gross Profit: £81,465
Seller Reference: 7046
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Business Description
 
 
 
 
 
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Seller Reference: 7046
Request Details
Business Description
Prominent Retail Park Trading Position
Annual Turnover £250,738
Gross Profit £81,465
Further Financial Info Available After Viewing
Newly Fitted December 2017
Beautifully Presented
Fully Equipped
Management In Place
Five Star Food Hygiene Rating
Seating For 32
Large Free Car Park
Full Franchise Training & Support
Scope For Longer Opening
Potential To Introduce Deliveries
EPC – B
REF 7046 – Leasehold Newly Fitted Sandwich Bar Franchise - Hull

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

INTRODUCTION

This sandwich bar franchise on Anlaby Retail Park was established by our client in this bustling new development in December 2017. The shop was fully fitted and remains “as new” with over £155,000 spent on the initial shop fitting. 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 on a busy retail park in a busy area of Hull. This area is densely populated commercially with many large multiples occupying neighbouring units, these include PureGym, Peacocks and Cancer Research UK. The area is very well linked by the M62, only four miles from the centre of Hull, public transport links are superb and parking is available immediately outside the shop.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operating team but due to our client’s other business commitments the business is 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 fifteen year lease which began in 2017 at a cost of £619 per week.

STAFF

The business is currently operating with ten members of staff including a manager in employment supporting our client overseeing management on a part time basis.

FINANCIAL DETAILS

This business has traded solidly since opening. We are advised that the business currently has annual turnover of £250,738and gross profit of £81,465. Royalty and marketing fees payable are 12.5%. Full financial details are available upon viewing.

SUMMARY

This leasehold business is newly fitted and located in a superb trading position within a busy retail park. The retail park is still under development and we are advised a further phase will be complete soon, bringing even higher footfall to the area. Free parking is available immediately to the front of the shop. There is plenty of scope to develop the business further with the introduction of longer opening hours to include late nights and a delivery service which is in high demand in this area. 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

Drinks Display Fridge

Drinks Machine

Ice Machine

Coffee Machine

Microwave

Oven

Proofer

Refrigerated Glass Display Unit

Stainless Steel Prep Unit

Stainless Steel Sink

CCTV With Monitor

Commercial Freezers

Commercial Fridges
Trading hours:
MON - SAT: 06:30 - 19:00
SUN: 08:00 - 19:00
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 within a busy parade. Inside, the dining area offers seating for around thirty two. It is very well presented with good quality fitted fixtures and fittings in place, wooden flooring throughout and neutral decor. The servery counter is positioned to the side with preparation kitchen behind. To the rear there are also toilet facilities, washing up area, walk in fridge and freezer. Each area has been carefully designed and finished to a very high standard.

Location Details:
Kingston upon Hull
Leasehold Term:
£619 Per Week
Listed by:
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