Description:
For sale is an established, well-managed franchised store from an internationally branded and world famous fast food chain. This Subway restaurant is perfectly located in the busy harbour of Puerto Colon, directly in front of the beach and next to the local Port. The sunny terrace offers absolutely stunning views over the beach and the ocean. Surrounded by several hotels, holiday complexes and local businesses this restaurant enjoys a good mix of tourist and resident customers.
Built from scratch in May 2008 this store complies fully with the latest regulations. The complete range of professional equipment including walk-in fridge and freezer has been imported directly from the US and built to the required specifications. This is a turn-key operation as no further investments are required – the buyer can walk in and continue earning money from day one. All legal paperwork is in place including the established S.L. company which can be taken over by the new owner if wished. The sales price also includes an inflatable marketing sign, design work, established company website, several additional domains and registered Twitter and Facebook pages which are very well managed.
The reported takings are healthy and the books can be presented to serious buyers. This restaurant also offers delivery and catering services which provide an additional income. An almost new Fiat Fiorino van used for deliveries is also included in the sales price.
Full support from Subway International is provided through a local Development agent based in Tenerife.
This is your unique chance to become the part of the world famous brand and share its success under the sunny skies of Tenerife!
Asking Price:
EUR €175,000.00
Our Ref:
1065
Terms of Sale:
Unspecified
Revenue (Income):
Undisclosed
Net Profit (Cash Flow):
Undisclosed
Time Established:
3,5 years
Owner Financing:
No
Value of Fixtures/Fittings:
Undisclosed
Value of Stock/Inventory:
Undisclosed
Website:
Property Type:
Leasehold
Lease Terms:
5 years with an option to renew for another 3 years
Leasehold Rent:
2000€ per month
Size (Sq meters or feet):
93 m2 build size and 37 m2 terrace