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Well Known Sandwich Shop In Hertfordshire For Sale

Hertfordshire, Hertfordshire
Asking Price:
£170,000
Sales Revenue:
£260,000
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market this nationally recognised sandwich shop/café and takeaway franchise opportunity , which opened in 2004, our client is now looking to sell to spend more time with the family.

Over the many years the business has been operating, the chain has finely tuned and developed its franchise system. With the brand growing into a multi-billion-pound business.

This franchise has become recognised as one of the top choices of places to eat for all age groups, catering to all food preferences. This is a fantastic opportunity for a new owner.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
The business is located in Hertfordshire. There is plenty of parking locally.

Premises
The shop has an entrance door that leads to:
• Reception area
• Seating for 4 on tables
• Breakfast bar area giving seating for 3 more
• Drinks fridge
• Pepsi machine
• Ice machine
• Air conditioning unit
• Counter with standard equipment
• Menu display
• Under counter fridges
• Food display chiller
• Cookie stand
• Coffee machine
• Microwaves
• Ovens
• Sink
• Pasta Bain Marie
• Door to rear preparation area with
• Preparation table
• Racking
• Door to staff toilet
• Air conditioning unit

Door to further storage area with:
• Racking
• Walk in chiller
• Walk in freezer

Upstairs there is a 2 bedroom flat comprising:
• Lounge/kitchen
• 2 Bedrooms
• Bathroom

This is currently used by staff members but could generate an annual rent of circa £10,000

Tenure
We are advised the business is being sold as a Leasehold business opportunity.

The annual rent is £16,000

The rates are £4,700

Hours
The business opening hours:
Monday – Thursday: 7.00 am - 8.00 pm
Friday 7.00 am – 3.00 am
Saturday: 8.00 am - 3.00 am
Sunday: 10.00 am - 6.00 pm

Staff
The business is run by a manager with the help of 3 part time and 2 full time members of staff.

Financial Profile
Subway generates an advised turnover of circa £260,000

The assets being sold with the business are worth in the region of £70,000

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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