Excellent American Brand Sandwich Outlet In Norwich For Sale

Business description

Business Strengths & Opportunities :

§ World renowned Brand
§ Comprehensive support system from the Franchise
§ Excellent location
§ Broad customer base
§ Strong gross margins
§ Increasing sales & profitability
§ Strong opportunities to increase sales from catering business

This is rare opportunity to own one of the best known Sandwich shop Brands in the world in an ideal location with a highly established Franchise organisation behind you. This shop was opened in 2001 by the current owner and, as a result of its high quality product and service, has built up a robust and loyal client base.

It is located in one of the City’s busiest residential areas and therefore benefits from excellent footfall both in terms of quantity and quality. It benefits from a very broad customer base that ranges from nearby businesses and office staff to college and local school students.

Property information

Property:

Leasehold

Lease terms:

Normal lease terms with break clauses

Leasehold rent:

£18,000 per annum

Living accommodation:

A one bedroom flat is included in the sales. This currently generates over £4,000 per annum income to the owner

Location:

The outlet is located in one of the City’s busiest residential and commercial areas and therefore benefits from excellent footfall both in terms of quantity and quality.

Premises details:

Fully refurbished high quality premises befitting a major American Branded outlet

Business Operation

Expansion potential:

There are excellent opportunities to expand the catering arm of the business through wholesale, private parties and weddings

Competition / Market:

There is limited competition but none of a similar nature

Reasons for selling:

Retirement

Trading hours:

8am to 7.30pm

Employees:

1 Owner plus 3 part time employees

Years established:

2001

Other information

Support & training:

Full support and training will be undertaken by both the owner and the Major American Franchise support team

Financing available:

Sunbelt Business Brokers have strong contacts with 3 local banks who will be pleased to assist in the financing for the purchase of this Franchise

Furniture / Fixtures value:

£20,000 (included in the asking price)

Inventory / Stock value:

£1,000 (included in the asking price)