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BAGUETTE EXPRESS MASTER FRANCHISE FOR SALE IN NORTH EAST ENGLAND

Posted: 26 Jul 2017
Estimated Read Time: 2 minutes

It’s currently operating as a going concern and has four stores in the Newcastle, Gateshead and Washington area.

One of these is a profitable company-owned store and the other three are run by franchisees.

A further two territories are due to open as soon as suitable premises are found.

Baguette Express says there’s potential for up to 50 stores in the region, which also includes Carlisle and Gretna.

The north east master franchise operation will provide an immediate income from ongoing management fees generated from the outlets, in addition to profits from the company-owned store. 

The purchaser will also benefit from the sale of future franchises, as well as a percentage of their ongoing monthly management fees.

As a master franchisee, the buyer will be responsible for selling, training and developing franchisees in the territory.

The two brothers currently running the operation have put it up for sale as they have been asked to run their family business at short notice.

Owner Azeem Arshad explains: “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 father’s 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 required is around £225,000, plus the working capital required to promote and develop the brand in the region.

Baguette Express has over 50 outlets in the UK providing baguettes, sandwiches, paninis, salad boxes and baked potatoes in prime town centre locations catering for the breakfast, morning coffee, lunch and early evening trade.

 

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