Prominent Main Road Trading Position
T/O £121,388, G/P £51,951
Accounts Available After Viewing
5 Star Food Hygiene Rating
Uber Eats Delivery Service in Place
Full Franchise Support & Training
Free Parking
Excellent Reputation
Owner Operated
EPC - D
REF 6724 – Leasehold Well Known Sandwich FranchiseBlacks Brokers are pleased to bring to the market this leasehold well known sandwich franchise located in a busy area close to Birstall Retail Village in Batley, West Yorkshire.
INTRODUCTIONThis sandwich bar has been trading on Bradford Road since around 2007. Our client established the business here due to the popularity of the 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 2,000 of these 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 sandwich 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.
LOCATIONThis is located on a busy main road, with large volumes of traffic as it is close to the Junction 27 retail park and is the way out of the retail park when the M62 has heavy traffic making it an ideal spot. With free parking to the rear of the building this location is popular with workers on the go as well as being supported by employees from local businesses and industrial units.
REASON FOR SALE
The business would be ideally suited to a hands-on owner-operator but due to our client’s retirement 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 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 a fifteen year lease which began in 2007 at a cost of £356 per week.
STAFF
The business is currently operating with four members of staff supporting our client working on a full time basis.
FINANCIAL DETAILS
This busy branch has traded solidly since opening. We are advised that the business has an annual turnover of £121,388 (2019) with gross profit of £51,951 Royalty and marketing fees payable are 12.5%. Full financial details are available after viewing.
BUSINESS RATES
Purchasers should enquire with relevant local authorities to confirm the rates payable.
SUMMARY
This leasehold business occupies an enviable trading position in a very busy area of Batley and has a strong base of local and regular customers along with lots of passing custom. The current owner has recently introduced Uber Eats and this has proved to be very popular – weekly takings have seen a strong increase since the introduction. There is scope to market lunchtime catering to local businesses and this type of service is in high demand in this area. 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:
Refrigerated Display Unit
Tables
Chairs
Drinks Fridge
Microwave
Fridge
Freezer
Stainless Steel Prep Unit
Toaster
Oven
Till
Trading hours:
MON - WED: 07:00 - 19:00
THU - SAT: 07:00 - 21:00
SUN: 10:00 - 19:00
Is accommodation included?:
This sandwich bar operates from a single storey commercial unit within a retail park. The branch is branded with the usual franchise signage displayed above a fully glazed frontage. Inside, the dining area offers seating for around twelve to fourteen with main counter and servery positioned to the rear. The premises also have toilet facilities, storage room and well equipped kitchen/preparation area. All areas are presented well with tiled flooring throughout.
Leasehold Term:
£356 Per Week