Sandwich Shops for sale in Dover

View the "Popular Franchise Sandwich Shop" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Popular Franchise Sandwich Shop

Dover, Kent, England

  • Leasehold Price: £59,995  Price Reduced arrow_drop_down
  • Turnover: £201,749
  • Gross Profit: £160,047
Seller Reference: B05074
Request DetailsEmail email
Business Description
 
 
 
 
Image 1 of 4 video_library
Seller Reference: B05074
Request Details
Business Description
Business
Please quote reference B05074

Hilton Smythe are delighted to present to the market 1 of Kent's most well established Subway Franchises with over 10 years trading history in this busy shopper’s High street.

Our client purchased the franchise just over 7 years ago following 2 years working within the branch and now due to ill health she must relocate from the UK.

Like all businesses in Dover, it is affected by the considerable footfall increase throughout the summer months where weekly turnover can average at around £6,000 per week.

The Subway brand ensures consistent quality from the level of service, Sandwich choices and drinks. The first Subway opened in the U.K.  in 1996 and since expanded at an exceptional rate which continues to expand.

The UK head office is based in Cambridge, offering support on R & D, Leasing, customer services, training and franchisee services.

This store is completely staff managed with minimal input from our client, any new owner may continue with this structure of operation or take a more hands on control which would 

significantly reduce the labour costs taking the adjusted net profit over the £60,000 level.

Our client has identified that due to her absence from this country due to her father's health, some of her normal sales activities have been missed resulting in a slight drop in turnover.

This can be very quickly addressed with more physical time being present to drive the external sales needed to hit the targets set by our client.

In the summer months, our client’s excellent relationships with the training offices at the Port results in 3-4 platter orders per week. Other business lunch relationships have been established with other offices and nurseries.

A full business handover will be offered by our client.

This successful and profitable franchise resale would suit any person with a storng catering background looking to purchase a lower risk new opportunity.

This business is available at a price to sell quick and considerably under the minimum investment required to start up a new franchise where there’s no goodwill or stable sales in place.

A recent refurb in 2015 means any new owner will not have to worry about any additional refurb cost until 2022

Location
A highly prominent High Street Subway Franchise situated within the heart of Dovers bustling Town centre.  Cannon Street runs directly through the centre of the town and this unit sits alongside other key retailers, cafes and banks as well as facing the historic St Mary's Church.

Dover is a famous coastal town in the South East of England within the largest county Kent. It is a major port for ferries to Calais and originally built to repel invasion from across the English Channel.

The medieval Dover Castle overlooks the town and houses the extensive secret wartime tunnels. The iconic White Cliffs of Dover are symbolic safeguards at Britain's closest point to Continental Europe.

Dover is undergoing multi million pound investment, including a new retail and leisure scheme at St.James, new six screen Cineworld, Travelodge, offices and new homes.

 It is being targeted to have over 10,000 new homes by 2026. All of which will drastically increase footfall to this part of the town centre.

Nearest mainline station is Dover Priory, only 2 minutes’ walk away including the port and main bus station. There are also 2 large pay and display customer car parks within 2 minutes’ walk from the store.

Premises
Front External - licensed pavement seating area for 15 covers.

Inside Dining Area - selection of sofas, chairs and tables resulting in 30 covers.

Customer Toilet

Fully Fitted Subway servery unit with 1 single till section.

Kitchen / Prep Area - arranged to subway specification which includes a walk in chiller and walk in freezer.

Lower Ground Floor - storage areas only for dry foods and external tables/chairs

Tenure
The business is being offered as a Leasehold (held by the Subway) with 3 years remaining on a 15 year renewable lease term paying just over £21,000 per year.

Current business rates payable are just £3,400 per year.

Hours
The business trades 7 days a week.

Monday to Saturday 7am - 8pm

Sunday 10-6pm

Staff
The business is staff run with a full time team leader/manager, 3 x full time team members and 3 x part time team members

Financial Profile
The year ending October 2019 will show a Turnover of £201,749, slightly down on the previous year due to our client’s father's ill health.

 

 

 

Tenure:
Leasehold
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image