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Prime Glasgow Location Italian Takeaway Business for Sale, Fully Equipped

City of Glasgow, Glasgow

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    02/02/24

  • Advert ID

    606130

  • Leasehold: £50,000
  • Rent: £11,400
  • Turnover: £234,000 (£4,500 Per week)
  • Net Profit: £48,000 (21% Profit margin)

Key Features

  • With Car Park
  • Fully Fitted
  • New Lease
  • Established Business
  • Prime Location
  • High Turnover

Business Details

Popular italian takeaway for sale in glasgow

An established Italian restaurant, nestled in Anniesland Glasgow, is currently up for sale. Boasting a prime location, the restaurant is conveniently situated near common attractions and points of interest in town, making it a go-to dining destination.

The leasehold price of the business is fixed at £50,000, setting a reasonable starting point for interested buyers. Currently, the restaurant yields a significant turnover, with a steady stream of income putting it at £234,000. This operational success is further reflected in the profit margin, amassing to an impressive £48,000. 

However, the reason behind selling is health-related issues. Despite this unfortunate impetus, potential buyers can maximise its dynamic location, further boosted by the availability of a convenient car park.

The restaurant comes fully fitted, equipped with essential appliances and facilities fit for immediate operations. Additionally, the terms come with a new lease, ensuring a fresh start for the new business owner. 

For more comprehensive details about this business opportunity, please don't hesitate to contact me.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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