Sandwich Shops for sale in Salford

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Sandwich Shop Franchise - Salford

Salford, Greater Manchester, England

  • Leasehold Price: £119,950  Price Reduced arrow_drop_down
  • Annual Turnover: £187,200
  • Annual Gross Profit: £125,700
Seller Reference: 6832
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Business Description
 
 
 
 
 
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Seller Reference: 6832
Request Details
Business Description
T/O £187,200; G/P £125,700
Further Financial Info Available After Viewing
Superb Transport Links
Seating For 16
Full Franchise Support & Training
Low Rent
Close To Pendleton Sixth Form
Ample Free Parking
Ill Health Forces Sale
Scope For Longer Opening Hours
Potential To Introduce Deliveries
EPC – C
REF 6832 – Leasehold Sandwich Shop Franchise - Salford

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 Salford, Greater Manchester.

INTRODUCTION

Subway on Bolton Road, Salford has been trading since 2015 with our client in ownership since 2017. 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

This busy main road is close to Pendlebury and Pendleton in Salford. This is a densely populated area with a range of large multiples including Aldi and Tesco extra as well as independent retailers and offices. The area is very well linked by the M602, public transport links are superb and parking is available immediately outside the shop. This is a popular parade of businesses.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operating team but due to our client’s ill health it is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

BUILDING LAYOUT AND DESIGN

The business is presented with the standard Subway corporate branding and signage displayed above a fully glazed frontage. This well presented shop occupies a prominent trading position within a busy parade on a main road. Inside, the dining area offers seating for around sixteen. It is very well presented with good quality fitted fixtures and fittings in place, tiled flooring throughout and neutral decor. The servery counter is positioned to the side with preparation kitchen behind. To the rear there is also a staff toilet, washing up area, walk in fridge and freezer.

The first floor of this property is not included in the lease.

STAFF

The business is currently operating with 2 full time and 4 part time members of staff including an assistant manager in employment supporting our client working in a management role.

FINANCIAL DETAILS

This branch of Subway has traded solidly since opening. We are advised that the business currently has annual turnover of £187,200 and gross profit of £125,700. Royalty and marketing fees payable are 12.5%. Full financial details are available upon viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business is long-established and located in a superb trading position within a busy shopping parade. Free parking is available to the front and in the surrounding area. 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. There is also potential to cater for other local businesses and offices. 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:
Toaster Oven

Bread Oven

Bred Prover

Walk in Freezer

Walk in Fridge

Drinks Dispenser Machine

Coffee Machine

Display Drinks Fridge

Salad Chiller

Display Cabinet

Cookie Cabinet

Epos Till System

Bain Marie
Trading hours:
MON - FRI: 07:00 - 19:00 SAT: 09:00 - 19:00 SUN: 10:00 - 18:00
Tenure:
Leasehold
Location Details:
Salford
Leasehold Term:
£111.50 Per Week
Listed by:
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