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ID : 35625

For Sale World’s Largest Sandwich Franchisee Subway

£189,000.00

 (Fixed)

Description

Type : Sell
Warranty : No
Location : Folkestone, Kent, UK

Subway For Sale

Kent

NEW

Asking Price:£190,000

Turnover:£364,000

Net Profit:£60,000

About SUBWAY

The first SUBWAY store was opened in 1965 by Fred DeLuca and Dr Peter Buck. It was the first to reach more than 43,556 – stores to open in over 110 countries. As of today, there are 2045 stores within UK & Ireland. The SUBWAY brand is the number one Quick Service Restaurant (QSR) brand worldwide by total store count, as of January 2014.

The first SUBWAY store opened in the UK in 1996. Since then the SUBWAY brand has grown at an exceptional rate and continues to expand. The head office for the SUBWAY brand in the UK and Ireland is based in Cambridge, offering a local team of support staff focused on operations, R&D, leasing, customer service, training and franchisee services. Franchise World Headquarters prides itself on offering an excellent support network for all franchise owners.

Area: Folkestone town centre

Store is located in middle of town centre apposite the bus station where 150 buses arrive and departure with passengers . saga insurance building is also located apposit the subway store where nearly 4,000 employees are working. Subway is surrounded by big brands such as Debenhams, Asda , burger king , McDonalds, royal mail and high streets bank and network providers.

Store info: store is run by 7 staff members including 2 managers both are well trained and can run the store without owner. All staff members are reliable and have been working in store since last 2 to 3 years.

Weekly sales: £7,000 x 4.3 weeks = £30,000

Rent : £15,000 yearly

Services charges: £3,600 yearly

Rates: £9,600 yearly

Asking price : 190,000

Offers invited

All legal documents will be provided

Buyer needs to show 30% of the asking as proof of purchase

10% deposit of the asking price will be required as soon as deal is finalised.

 

 

Location

Folkestone, Kent, UK
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