Sandwich Shops for sale in Eccles

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David Binder (Nov 2017)
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Leasehold Price: £89,995 Price Reduced Annual Turnover: £200,000 Gross Profit: £140,000
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Business Description
Free Parking Directly Outside
Annual Turnover £200,000
Gross Profit £140,000 (Excluding removal of Subway royalties & marketing)
Franchise Opportunity
Customer Seating For 30
EPC - D
REF 5979 – Leasehold Sandwich Bar Franchise

Blacks Brokers are proud to bring to the market this leasehold Sandwich Bar franchise located in a busy and much sought-after area of Eccles, Greater Manchester.

INTRODUCTION

This business has been trading on Liverpool Road since 2008 with our client in ownership since opening. The unit was newly built at the time and has recently had a full refurbishment. During it’s trading history, the business has gained a large customer base and a superb reputation, offering takeaway and “eat-in” options for customers.

LOCATION

Positioned on a popular parade of shops and businesses, this branch of is surrounded by a good combination of both commercial and residential properties. Parking is available directly outside the shop and the area is well linked by the M60 and M602.

REASON FOR SALE

This business is only being offered for sale due to our client’s other business commitments.

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 10 years with rent reviews every 3 years. The current lease began in 2013 at a cost of £308 per week.

BUILDING LAYOUT AND DESIGN

The business is housed within a purpose built, single-storey retail unit at the end of a parade of shops and businesses. The shop displays bright signage with mainly glazed frontage. Inside, the main servery area is very well-presented with wooden counter and menu boards displayed above. The dining area offers seating for 25-30 with a combination of tiled and wooden flooring throughout. To the rear of the servery is a kitchen and preparation area with coffee machine, sandwich ovens, fridges, freezers and other equipment – all of which is of high quality.
The unit also housed both a staff toilet and a customer toilet with disabled access.
All areas are finished to a high standard.

STAFF

This business is currently operating with five members of full-time staff in employment, including an experienced manager.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business which has traded solidly over its trading history. The business generates an annual turnover of £200,000 with gross profits of £140,000, please note the gross profit figure is before Subway royalties and marketing are removed. A new owner would also have to pay franchise fees which are £8,500 per annum.

SUMMARY

This leasehold business offers a new owner a superb opportunity to acquire a busy and well-established Sandwich Bar Franchise store in a most enviable trading position. This business is part of a long-established franchise with a huge base of franchise outlets nationwide. This rare opportunity would could be run by a new owner-operator, or may be of interest to an investor looking for a business that is already successfully managed with little need for owner intervention. Early viewings are strongly advised as early completion is strongly anticipated.
Trading Hours:
MON - WED: 07:00 - 21:00
THU & FRI: 07:00 - 22:00
SAT: 08:00 - 22:00
SUN: 09:00 - 22:00

Tenure: Leasehold

Location Details: Eccles

Leasehold Term: Rent: £308 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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5979
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