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Sandwich Franchise Restaurant In Ilkeston Derby For Sale

Ilkeston, Derbyshire
Asking Price:
£27,500 Furniture / Fixtures included
Sales Revenue:
£130,000
Cash Flow:
Available on request

Excellent opportunity to purchase a long established profitable unit of this global sandwich franchise. Situated in the town centre with excellent footfall this busy shop serves a variety of regular customers as well as visitors to the town.

Current annual turnover has been stable between £130k -£150k. The business is currently run by an excellent and motivated manager & owner. There may well be potential to increase sales even further with a more hands-on approach, opening additional hours in the evening, increasing the operational focus and initiating an effective delivery service as well as local marketing including a, push on platter sales (there are a high number of offices and businesses locally and limited national brands competing).


With over 2,500 locations in the UK and Ireland, and more than 44,000 stores in over 110 countries, a franchise is well suited to anyone keen to run their own business, whilst at the same time benefiting from the well-tried marketing and operational methods, the capital access with banks for being a sound business and purchasing stock through the franchisee-owned buying organisation

The store is well equipped and well maintained but due for an upgrade. new potential ower will have 6 months from the date they take over to do so. Upgrade/refurb will cost around £40k. This can be pre-arranged with the franchisor approved Hitachi finance. with Full details of this excellent opportunity which will be of interest to both involved investors and owner-operators and will be provided to qualified and interested potential buyers who undertake to maintain the confidentiality of the sale.

Staff unaware of the sale so please do not approach staff members or manager.

Regards


If interested, please contact the seller through the form on this page.

Property Information

Property:

Leasehold

Lease Terms:

Lease Ends Dec 2022. The landlord is happy to give a new lease as well.

Leasehold Rent:

£12,500 per annum

Living Accommodation:

Flat upstairs included in lease. just needs upgrade

Location:

Ilkeston / Derbyshire

Premises Details:

Leasehold property.

Business Operation

Expansion Potential:

Ilkeston got a population of over 38000 which means starting the home delivery can be a good option. (The process of home delivery already started and on its last stage )

Competition / Market:

* Greggs on the same high street

Reasons for selling:

Personal

Trading hours:

7am-7pm

Employees:
4
Years established:
2007

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

An applicant has to go through the franchisor selection process which involves training and Wonderlic test

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes.

Inventory / Stock value:
£2,000

Contact Information

    1. Your Address

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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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