• Listing ID: 1244600
  • (Seller ref: BP287)

Baguette Express Franchise In Newcastle City Centre For Sale


Location:
Category:
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Asking price:
£59,950 (Furniture / Fixtures included)
Sales revenue:
£200,000
Cash flow:
Available on request
Franchise opportunity:
Yes
Years established:
2
Employees:
Currently managed by our client with the help of 2 full time staff plus a number of part time staff.

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Sales £4,000 per week.
Excellent central location.
Superbly fitted and equipped for the trade.
Rapidly expanding franchise network.
Viewing strongly recommended.
LEASEHOLD £59,950 plus SAV plus £5,000 franchise fee.


There is a fee of £5,000 plus VAT payable to Baguette Express at the point of sale.


Property:
Leasehold
Lease terms:
Held on a 10 year lease from 2009 at a passing rental of £30,000 per annum. There is a rent review at the 5th year.
Leasehold rent:
£30,000 per annum
Location:
The business is located within a busy parade close to the Haymarket, Civic Centre and between both Universities.
Premises details:
Ground Floor:
Shop 13’8 frontage (maximum) x 55’ depth

Basement;
Store 1 17’1” x 32’ which could be suitable for additional seating.
Store 2 17’ 7” x 13’
Store 3/Former Kitchen 9’3” x 6’9”
Size in square feet:
650

Support & training:
Full support and trading is available via the franchise.
Reasons for selling:
Other business venture.
Trading hours:
Monday - Friday 7.30am — 7.00pm
Saturday 9.00am — 5.00pm
Sunday 11.00am — 5.00pm
The premises are licensed to trade until 2.30am on Thursday, Friday and Saturday.

For more information about this business for sale, click the Contact Seller button.


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