Two Subway franchise opportunities, both located in the bustling area of Wrexham, Clwyd.
- Prominent Trading Locations
- Established Over 10 Years in Town Centre
- One Leasehold & One Freehold Option
- Combined Annual Turnover £520,000
- Combined Gross Profit £156,000
- Further Financial Info Available After Viewing
- Both Have Five Star Food Hygiene Ratings
- Full Franchise Support & Training
- Management & Staff In Place
- Parking Nearby
- Scope For Longer Opening Hours
- Potential To Introduce Deliveries
- EPC – C & E
Subway on Regent Street has been trading since 2016 and Subway in Eagles Meadow has been trading since 2008, both with our experienced client in ownership since opening. The business is part of the largest fast food chain in the world, with nearly 35,000 stores in 90+ countries. There are over 1,500 Subway stores in the UK and Ireland, making Subway the largest fast food chain in the market place. The well-established business is supported by the hugely popular worldwide Subway franchise which includes signage, product delivery, valuable national advertising and ongoing training. A new owner will be interviewed by Subway and two weeks training will be provided initially.
The Regent Street store is positioned in a busy area of the main high street in Wrexham, close to many large multiples and a large multi-storey car park. This store benefits from a huge amount of passing trade as well as trade from other local businesses and offices within the town.
The other store within Eagles Meadow is located directly opposite a large Tesco Extra superstore on a busy parade of shops, with parking directly opposite.
Wrexham is very well linked by the A483 and A534, public transport links are good and parking is available close by. Both stores are located within popular parades.
REASON FOR SALE
The business could be ideal for a hands-on owner-operating team but is currently managed entirely by staff in both locations due to our client’s other business commitments and is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The Regent Street store is a freehold proposition and as such no lease details are applicable.
The Eagles Meadow store is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease began in 2018 and is a ten year lease running at a cost of £365 per week.
The Regent Street store is currently operating with one full time and nine part time staff members, this includes a manager. The Eagles Meadow store currently operates with two full time and six part time members of staff, this includes a manager. Our client is not involved in the day to day running of the business.
Both these branches of Subway have traded solidly since opening. We are advised that the business currently has a combined annual turnover of £520,000 and combined gross profit of £156,000. Royalty and marketing fees payable are 12.5%. Full financial details are available upon request.
This set of two successful Subway stores are well established and are both located in a superb trading positions. Parking is available to the front and in the surrounding area for both stores. There is plenty of scope to develop the shops further with the introduction of longer opening hours to include late nights and a delivery service which is in high demand in this area. There is also potential to cater for other local businesses and offices. This proposition would ideally suit an owner operator able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
For more information click the request information button below or contact us below.