Sandwich Shops for sale in Dewsbury

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Sandwich Bar Franchise Opportunity In Dewsbury

Dewsbury, West Yorkshire, England

  • Leasehold Price: £69,995  Price Reduced arrow_drop_down
  • Sale Agreed
  • Annual Turnover: £345,960
  • Annual Gross Profit: £188,689
  • Annual Net Profit: £20,187
Seller Reference: 6525
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Business Description
 
 
 
 
 
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Seller Reference: 6525
Request Details
Business Description
Superb Retail Park Trading Location
2nd Busiest Road In Area
Accounts To Year End 31st Dec 2018
Annual Turnover £345,960
Gross Profit £188,689 NP £20,187 before EBITDA
Accounts available upon request
Ideal For Owner Operator
Currently Managed By Staff
Five Star Food Hygiene Rating
Customer Seating For 20
Car Park For Approx 200 Vehicles
EPC - D
REF 6525 – Leasehold Subway Franchise

Blacks Brokers are pleased to bring to the market this leasehold Subway franchise located in the busy and much sought-after area of Ravensthorpe Shopping Park, Dewsbury.

INTRODUCTION

This Subway franchise at Ravensthorpe Shopping Park was established in 2008 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 Greggs and Home Bargains as well as private offices and Dewsbury Country Park. The area is well linked by the M62 and A644, has excellent public transport links and has a large, free car park immediately outside.

REASON FOR SALE

The business would be ideally suited to a hands-on owner-operator but is currently operated by staff only due to our client’s other business interests being higher than anticipated. 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 fifteen years with rent reviews every five. The current lease began in 2008 at a cost of £382 per week.

STAFF

The business is currently operating with four part time and four full time members of staff in employment including a store manager. Our client is not involved with the day to day management of the store, unless supporting during peak periods or to cover leave/absence.

FINANCIAL DETAILS

This long standing branch of Subway has traded solidly since opening. The accounts for the year ending 31st December 2017 show an annual turnover of £352,815 with gross profits of £192,271 and net profit of £32,986 and an adjusted net profit of £58,066. 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. This busy retail park boasts a large free car park offering space for around 200 vehicles. There is plenty of scope to develop the existing business further with the introduction of a delivery service, partnerships with other businesses in the area 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:
Microwaves

Convection oven & Proofer

Toasters

Chiller display

Coffee machine

Cold drinks dispenser

Stainless steel work surfaces

Tables & chairs

Till

Walk in fridge

Walk in freezer
Trading hours:
Mon - Fri - 6.30am - 9pm Sat - 7am - 9pm Sun - 8.30am - 8pm
Tenure:
Leasehold
Is accommodation included?:
Subway operates from a mid parade, purpose built retail unit within a u-shaped retail park. The branch is branded with the usual Subway signage displayed above a fully glazed frontage. Inside, the dining area offers seating for twenty with main counter and servery positioned to the rear. The premises also have both staff and customer toilet facilities, storage area and well equipped kitchen/preparation area. All areas are presented well with tiled flooring throughout. Subway operates from a mid parade, purpose built retail unit within a u-shaped retail park. The branch is branded with the usual Subway signage displayed above a fully glazed frontage. Inside, the dining area offers seating for twenty with main counter and servery positioned to the rear. The premises also have both staff and customer toilet facilities, storage area and well equipped kitchen/preparation area. All areas are presented well with tiled flooring throughout.
Location Details:
Dewsbury
Leasehold Term:
£382 Per Week
Listed by:
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