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Well Established Sandwich Bar Franchise In Sale For Sale

Sale, Greater Manchester
Asking Price:
£99,900 Furniture / Fixtures included
Sales Revenue:
£260,000
Cash Flow:
£40,000

Run under Management
Annual Turnover £260,000
Gross Profit £160,000
Free Car Park Directly Outside
4* Food Hygiene Rating
EPC - E

REF 6074 – Leasehold Sandwich Bar Franchise

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

INTRODUCTION

This business has been trading on Washway Road since 2013 with our client in ownership since opening. The business has become a popular part of the local community, gaining a large and loyal customer base along with a superb reputation.

LOCATION

Situated on a busy main road, this business is positioned close to the M60 and the area is exceptionally busy. This area is Sale is mainly commercial, however there is a large residential community close by and the business has a good base of regular customers in addition to benefitting from much passing trade. Parking is available immediately outside and public transport links are excellent.

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 15 years with rent reviews every 3. The current lease began in 2007 at a cost of £346 per week.

BUILDING LAYOUT AND DESIGN

The business is housed within the ground floor of a large, double fronted unit within a very busy parade of shops and other businesses. This branch is well branded with the usual Franchise signage displayed above a fully glazed frontage. Inside, the business is presented to a very high standards as per the corporate presentation guidelines.
There is seating in the main dining area for 16 with servery positioned to the rear of the space with kitchen behind.
Staff and customer toilets are also housed within the ground floor.
Each area has been carefully finished and is presented well with good quality fixtures, fittings and equipment in place. A full inventory is available on request.
Please note: this is a two-storey retail unit with the first floor currently not used – this could be converted into additional seating with some investment.

STAFF

This business is currently operating with six members of part-time staff in employment including one manager.

FINANCIAL DETAILS

Financial details are available upon a viewing of this business which has traded solidly over its trading history. The business generates an annual turnover of £260,000 with gross profits of £160,000.

SUMMARY

This leasehold business is very well-established and a well-known franchise opportunity. There is plenty of scope to develop the business further with the installation of a staircase to open up the first floor and expand the business and seating options. This proposition would ideally suit an owner operator team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property information

Property:

Leasehold

Business Operation

Trading hours:

MON - FRI: 07:00 - 21:00
SAT: 09:00 - 21:00
SUN: 10:00 - 20:00

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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