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Highly Profitable Wimpy Family Restaurant in Prime Shrewsbury Town Centre, with Growth Potential

Shrewsbury, Shropshire
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Highly Profitable Food establishment in a Prime Town Centre LocationHighly Profitable Food establishment in a Prime Town Centre LocationHighly Profitable Food establishment in a Prime Town Centre LocationHighly Profitable Food establishment in a Prime Town Centre LocationHighly Profitable Food establishment in a Prime Town Centre LocationHighly Profitable Food establishment in a Prime Town Centre Location
  • Leasehold: £269,999
  • Turnover: £360,000 (£6,923 per week)
  • Profit: £126,000 (35% Profit margin)

Business Details

Highly Profitable Food establishment in a Prime Town Centre Location

Business
Please quote reference B08437

CoGoGo presents a profitable takeaway business called Wimpy based in Shrewsbury.

Located on the bustling Claremont Street in the heart of Shrewsbury, this thriving Wimpy family restaurant offers a rare opportunity for a motivated entrepreneur to acquire a profitable, well-established business with significant growth potential.

Key Highlights:

  • Turnover: £360,000
  • Net Profit: £126,000
  • Leasehold: Secure a 20-year lease with a manageable annual rent of £30,000
  • Asking Price: £269,999
  • Owned for 6 Years: Operated by a sole trader, ready for new ownership due to other business interests.
Situated in a prime location, this Wimpy benefits from high footfall, excellent passing trade, and proximity to local shops and attractions. It is a popular destination for locals and tourists alike, thanks to its reputation for quality food and friendly service.

Operating as a family restaurant, Wimpy offers a menu of classic favourites, including burgers, breakfasts, milkshakes, and more. The brand’s strong presence and loyal customer base provide a stable foundation for continued success.

Opportunities for Growth: Despite its already impressive profitability, there is ample scope for further development, including:

  1. Expanded Delivery Services: Partnering with additional food delivery platforms to capture the growing demand for home delivery.
  2. Extended Operating Hours: Opening earlier or closing later to attract a broader customer base.
  3. Menu Innovations: Introducing seasonal items, vegan or vegetarian options, and meal deals to cater to a wider audience.
  4. Local Marketing Initiatives: Leveraging social media campaigns, local events, and partnerships to enhance visibility and attract new customers.
  5. Upselling Opportunities: Implementing staff training to encourage add-ons and higher-value orders.
Reason for Sale: The current owner is pursuing other business interests, creating this fantastic opportunity for new ownership.

For anyone seeking a profitable business with a respected brand and room for growth, this Wimpy takeaway in Shrewsbury is the perfect opportunity.

Act quickly to secure this rare chance to own a lucrative restaurant in a prime location.



Location
Wimpy is located at 9 Claremount St, Shrewsbury SY1 1QG.



Premises
The business occupies a spacious leasehold property with the interior including a comfortable dining area with family-friendly décor, a fully equipped kitchen, and a service counter designed for efficient operations.



Tenure
This opportunity is being sold on a leasehold basis, with 14 years remaining on the lease.

The current rent is £30,000 per annum.



Hours
The restaurant operates the following hours:

Monday to Saturday: 09:00 - 20:00

Sunday: 10:00 - 17:00



Staff
The restaurant is managed by the owner, supported by a team of reliable and experienced staff who ensure smooth daily operations and excellent customer service.



Financial Profile
This business generated a turnover of £360,000. Full financial details are available upon request, demonstrating the profitability and stability of this business.



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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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