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West End Brunch & Coffee Business In Glasgow For Sale

Glasgow, Glasgow City, UK
Asking Price:
£110,000
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

Confidential Listing

Established 12+ years
£436k turnover (63% GP)
£60k EBITDA
Low rent, 22 covers
Use Class 1

Operated fully under management (46% wages including directors salary), owner runs a separate business.

Fantastic established brunch business in the heart of Glasgow's West End, huge potential especially for an owner-operator.

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Property Information

Property:

Leasehold

Lease Terms:

5 years remaining, landlord will extend.

Leasehold Rent:

£16,000 per annum

Location:

West End, Glasgow

Business Operation

Expansion Potential:

Currently operated under management, potential for growth for hands on operator

Reasons for selling:

Owner plans to move overseas

Trading hours:

7 days

Employees:
8
Years established:
13