An excellent opportunity to acquire a long-established coffee shop in an affluent area of Glasgow’s Southside. Occupying a highly visible main road position, the business combines strong sales, excellent customer reviews and an established management team.
KEY FEATURES
Annual net sales of approximately £330,000
Excellent gross profit margins of approximately 70%
Prominent main road location in an affluent area
Established takeaway trade accounting for approximately 80% of sales, with 20% sit-in
Fully staffed operation with a manager, assistant manager and two part-time staff
Annual rent of £24,000
Rateable value of £22,400
THE OPPORTUNITY
The coffee shop’s long trading history and excellent reviews provide an attractive foundation for a purchaser seeking an established business with a strong reputation.
The predominantly takeaway sales mix is complemented by a sit-in offering, allowing the business to serve both customers on the move and those looking to relax over a coffee.
Currently run fully staffed, the business would suit an owner-operator wishing to take a hands-on role or an existing operator seeking to expand into Glasgow’s Southside. The established staffing structure offers continuity, while the strong turnover and gross profit margins make this a compelling acquisition opportunity.
PREMISES & OCCUPANCY
The business benefits from a highly visible main road position. Annual rent is £24,000, and the premises have a rateable value of £22,400.
ASKING PRICE
Offers over £120,000 are invited for the business, leasehold interest, fixtures and fittings.
