Sandwich Shops for sale in Ashton-under-Lyne

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Two Sandwich Shop Franchise Branches - Manchester

Ashton-under-Lyne, Greater Manchester, England

  • Leasehold Price: £169,995  Price Reduced arrow_drop_down
  • Annual Turnover: £550,000
Seller Reference: 6774
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Business Description
 
 
 
 
 
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Seller Reference: 6774
Request Details
Business Description
Two Popular Franchise Sandwich Bars ran Under Management
Both Located Within Bustling Town Centre
Combined Annual Turnover £550,000
Accounts Available After Viewing
Option to buy Wellington Road separately ( price on application)
Long Established
Full Franchise Support & Training
5 Star Food Hygiene Rating For Both Sites
Scope To Introduce Deliveries
EPC E & G
REF 6774 – Two Leasehold Sandwich Shop Franchise Branches

Blacks Brokers are pleased to bring to the market these two well known leasehold sandwich bar franchises located in the town centre of Ashton-under-Lyne, Greater Manchester.

INTRODUCTION

This franchise 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 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. Both these sandwich bars have been trading in Ashton-under-Lyne for around ten years. One is located on Wellington Road and the other on Warrington Street.

LOCATION

Wellington Road branch is positioned on a busy retail park with parking immediately outside. This shopping park is also home to National Tyres & Autocare, Poundstretcher and PureGym with a huge branch of Ikea next door. Warrington Street branch is located within the pedestrianised area of the town and neighbouring businesses include large multiples such as EE, O2 and Thomas Cook. Ashton Under Lyne is well linked by the M60 and A635 with excellent public transport links.

REASON FOR SALE

The business would be ideally suited to a hands-on owner-operator but due to our client’s other business interests the business is managed by staff and is therefore offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

Both buildings are available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. Both leases are twenty years and began in 2010. The current lease for Wellington Road runs at a cost of £615 per week and the lease for Warrington Street runs at a cost of £462 per week.

STAFF

Both branches are currently operating with six members of part time staff in addition to one full time manager. Our client is not currently involved in the day to day running of either branch.

FINANCIAL DETAILS

These two busy branches have traded solidly since opening. We are advised that the two have a combined annual turnover of £550,000. Royalty and marketing fees payable are 12.5%. Full financial details are available upon viewing.

BUSINESS RATES

Warrington Street branch has a rateable value of £13,000. Wellington Road branch has a rateable value of £12,500. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

These two leasehold businesses both occupy superb positions in a very busy area of Ashton Under Lyne and has a strong base of local and regular customers along with lots of passing custom from visitors. There is scope to market lunchtime catering to local businesses and this type of service is in high demand in this area and a delivery service could be of great benefit. A new owner operating team could also reduce staffing costs significantly. This proposition would therefore 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:
Prep Units

Till

Refrigerated Display Fridge

Microwaves

Drinks Fridge

Fridges

Freezers

Tables

Chairs
Trading hours:
Both Sites -
MON - FRI: 07:00 - 20:00
SAT: 09:00 - 19:00
SUN: 09:30 - 18:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Both sandwich bars operate from spacious mid terraced properties – Wellington Road branch is a purpose built retail unit. The branches are branded with the usual franchise signage displayed above a fully glazed frontage. Inside, the dining area in both sites offer seating for around eighteen with main counter and servery positioned to the rear. The premises also have toilet facilities, storage rooms and well equipped kitchen/preparation areas. Warrington Street has some additional storage space available within the first floor of the property. All areas in both branches are presented well with tiled flooring throughout.

Location Details:
Ashton-under-Lyne
Leasehold Term:
Wellington Rd £615 P/W - Warrington St £462 P/W
Listed by:
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