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Popular Takeaway Sandwich Bar & Deli, Shawlands, Glasgow

City of Glasgow, Glasgow
Leasehold Price:
£45,000
Status
FOR SALE
Advert ID
256108
Reference
2651 / Rightbiz

This is an excellent opportunity to acquire a busy, well established sandwich bar and deli in the popular Shawlands area of the south side of Glasgow.   Ideal owner managed business.  

Net annual sales £100,000 with good gross and net profit margins.  Low rent and no rates payable.

FURTHER INFORMATION:

This is a very well established takeaway sandwich bar and deli that has been trading for over 40 years in the affluent Shawlands area of the south side of Glasgow.  Close to the junction of Minard Road and Pollokshaws Road this area has a high footfall of local residents and shoppers.  With a bright front shop and spacious rear preparation and store area this business has further potential to expand.  The current business is mainly takeaway with some outside catering but this area of the business could be further developed.

Financial information: 

Annual net sales are around £100,000.  This is a consistently profitable and easily managed business with potential for further development. All equipment (except for the Irn Bru and Coca-cola fridges which are on free loan) is owned outright and is included in the sale price.   Full financial information can be made available to serious interested parties after viewing.

Opening hours:

7.30am - 4.30m Monday - Saturday

Premises:

The premises are located on the north side of Minard Road close to its junction with Pollokshaws Road.  This is a busy residential and commercial area with a high population density providing an excellent repeat customer base for the business.  The unit extends to 42m2 (443sqft) and consists of a bright front serving area and to the rear a large prep / store room.  There is ample free on street parking near the shop.

Tenure: 

Leasehold.  Rent £7,750 per annum.  Current lease runs until 2023.  Rateable value £7,900.  The business benefits from 100% small business rates relief.

Staffing:

The owner run the business with 4 part-time staff.

Listing Details
Leasehold Price: £45,000
Tenure: Leasehold
Location: City of Glasgow, Glasgow
Sector: Sandwich Shops, Tea Rooms, Delicatessens
Financials
Annual Turnover: £100,000
Annual Net Profit: Available upon request
Key Features
  • Close to Local Amenities
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Advert Reference: 2651 / Rightbiz

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