Reputable Sandwich Shop For Sale
- Asking Price: £119,995 +SAV
We are advised the business generated a turnover of circa £190,000 as of 2020, further finacial information can be made available upon requst.
Please quote reference B06463
- Tenure: Leasehold
Please quote reference B06463
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and well-known Subway franchise, with an excellent reputation associated with a strong and consistent brand.
The business has only now come to the open market as it is our clients desire to leave the industry to concentrate on other business interests.
The business has been under the careful and meticulous ownership of our client for a number of years and who have grown the business to an impressive level.
The Subway brand is world-famous for its consistent quality from the level of service, sandwich ingredients/choices and drinks. The first Subway opened in the U.K. in 1996 and has since expanded at an exceptional rate which continues to expand. The UK head office is based in Cambridge, offering support on R & D, Lessing, customer services, training, and franchisee services.
Subway has invested heavily in developing their existing menu options by adding more health-conscious salads, wraps, plant-based options, and smaller toasted bites which have proven very successful.
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.
The business is run and managed by 4 full time staff members.
The business trading hours are as follwed:
Monday to Thursday - 07:00am - 19:00pm
Friday - 07:00am - 21:00pm
Saturday - 09:00am - 21:00pm
Sunday - 10:00am - 18:00pm
The business is located within the heart of the popular resort town of Oban on the west coast of Scotland, ideally situated to capture the high levels of footfall and passing trade within popular all-year-round tourist destinations.
Oban is situated on the West Coast of Scotland, approximately 90 miles northwest of Glasgow and some 40 miles south of Fort William. The town has a catchment population of circa 28,655 persons, which is considerably boosted during the summer months from the large tourist visitors.
The town not only acts as the commercial hub for the surrounding mainland, but also services the nearby islands via the ferry terminal, which generates an increased level of visitors to the area.
The premises comprise a traditional retail property occupying part of the ground floor of a four-storey building with the business having a modern display frontage incorporating two aluminium framed and glazed display windows either side of a centrally positioned entrance door.
Internally, the subjects have been subdivided to provide a front shop area comprising food servery, customer seating along with staff and customer toilets whilst staff, food prep and storage accommodation is located to the rear section.
Both externally and internally, the property is fitted out to an exceptional standard.
We are advised the business is being sold on a Leasehold basis with 10 years remaining on the Lease, the rent is £1400 per month.