Teignmouth lies along a stretch of red sandstone coast to the north of the unspoilt estuary of the river Teign in South Devon. The town is both a popular holiday resort with many hotels and guest houses and also a thriving town in which to live and work. Wellington Street is in a central location with a selection of nation and independent retailers and just a short walk from the popular seafront. The City of Exeter is approximately 15 miles north of Teignmouth with excellent transport links including an international airport and the M5 motorway.
17 Wellington Street is trading under the very successful Subway franchise. This well located unit is available as a turnkey business with no further capital investment required. Subway is an internationally recognised sandwich business known for its production style service producing freshly made sandwiches to the customer’s specific requirements. For the right person there is huge potential with the business suiting an owner operator who can be hands on and drive the opportunity forward for themselves. This fully supported franchise is available fully equipped and with a solid customer base. The open hours are 9am-7pm, however these could be extended should the next operator choose to. The premises is covered by CCTV and fitted with an L2 Fire Alarm system.
The sale of this going concern Subway unit allows an operator to take over a robust and well-established franchise at a massively reduced ingoing premium. Should an operator wish to start up a new site the initial outlay is as much as £150,000.
Please note – any buyer will need to go through the subway franchisee application and training program to be able to become a Franchise Owner. The current owners will also cover the franchise transfer fees of circa £4,000/£5,000.