A fantastic opportunity to acquire the Baguette Express Master Franchise for North East England has just come on to the market.
The master franchise is currently operating as a going concern with four stores within the Newcastle, Gateshead and Washington Area. One of these is a profitable company-owned store and the other three are franchisees. A further two territories are due to open as soon as suitable premises are found. There is potential for up to 50 stores in this region which also includes Carlisle and Gretna, using the various business models Baguette Express has developed including kiosk, concession and retail models within busy shopping centres, high streets, business parks, bus stations and so forth.
Owner Wasim Arshad comments “Our north east operation has proven an interesting and fruitful journey to date. Being your own boss and recruiting franchisees who will represent the brand is part of the challenge. The financial rewards are potentially huge so what you put in effort wise will be rewarded over time”.
Baguette Express (www.baguette-express.co.uk) is an award-winning franchise success story with more than 50 outlets throughout the UK providing fresh, healthy, high quality baguettes, sandwiches, paninis, salad boxes, baked potatoes and more, in prime town centre locations catering for the breakfast, morning coffee, lunch and early evening trade.
The company currently has master franchise licensees in London, the North East England, Lancashire/Leeds/Preston/
The North East master franchise operation will provide an immediate income from on-going management fees generated from the outlets, in addition to store operating profits from the company owned outlet. The purchaser will also benefit from the sale of future franchisees as well as a percentage of their on-going monthly management fee. As a master franchisee, the buyer will be responsible for selling, training and developing their franchisees in their territory.
Currently run by two brothers there is a genuine reason for the sale. The brothers need to step back into a family business at short notice. Owner Azeem Arshad stated “we have loved building the brand in the north east from the ground up to where it is today, however due to a change in our fathers personal circumstances we are having to look for someone to take over from us. We have won many awards for our work, so are dedicated to making sure the right person takes over from us as we would like to see the brand excel further”.
The investment level for this regional master franchise is in the region of £225,000 plus the working capital required to promote and develop the brand in this region.