ID : 15275
Excellent opportunity to purchase a long established staff run and highly profitable unit of this global sandwich franchise. This store, one of the most profitable units in the Subway estate, was updated to the latest décor standard 3 years ago and provides a smooth and rapid entry to this easily run franchise for a hands-on operator or as a valuable addition to a portfolio of under-management units.
Consistent annual sales of £400,000 exclusive of VAT achieved in each of the last 3 years.
The business operates with food and staff costs of 56%(51% if owner operated), franchise fees and marketing fund 12.5% and low fixed costs(rent, rates, electricity, waste removal, etc) of 11.5% so operating profits of 20% of net sales(£80,000 per annum) if operated under management or 25%(£100,000 per annum) to an owner operator.
A full description and more detailed financial information will be provided to qualified potential purchasers