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Vape shop for sale in Glasgow with potential for new ownership and immediate trading

City of Glasgow, Glasgow
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Vape Shop For Sale In Glasgow With Huge Growth Potential Photo 1
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Vape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth PotentialVape Shop For Sale In Glasgow With Huge Growth Potential
  • Status

    FOR SALE

  • Advert ID

    637212

  • Leasehold: £49,999 (Stock at valuation)
  • Rent: £4,920 (£410 per month)
  • Turnover: £269,000 (£5,173 per week)
  • Profit: Not Applicable

Key Features

  • Affordable annual rent
  • Turnkey operation for new owner
  • Vape product variety and selection
  • Alarm and CCTV security

Business Details

Vape Shop For Sale In Glasgow With Huge Growth Potential

A fantastic opportunity to take over a well-established vape shop located in the eastend of glasgow with over 10 years trading,

Currently the business is owner-operated with minimal staffing requirements and is being offered for sale due to the owners' pursuing other business interests. Trading 7 days a week which makes this business even more inviting for anyone that wants to be hands on or add additional staff starting off to this ready amed business

With returning regulars & passing trade & loyalty scheme in operation, offering an excellent range of market-leading, up to date  products, e-cigs & e-liquids Pre filled Pods Devices & accessories on a 7 day a week basis. 

The store is Payzone & Paypoint outlet where you can pay council tax, rent, Electric & Gas parcel pick up point and drop off for royal mail & dpd 

  

The shop is licensed to sell fireworks of which full renewal is due in the new season. 

There is currently no website,presenting a clear opportunity to grow the business even further through e-commerce and social media platforms

This store which is on lease has an attractive low monthly rental value of

 Â£410 PCM (£94 Per Week BARGAIN)

Deposits required

Stock on valuation

All fixtures and fittings are included in the sale of the businesses which also includes

Air conditioning units, Epos Now operating system (Full License renewed on change over) and linked with back office.MyCheckr Id facial  scan challenge 25 (Facial age check estimation)

3 X Vape cabinets 3 x Display cabinets 2 x Counters 3 x Storage cabinets with fireworks

Exceptions are soft drink and energy drink fridges as these are contracted and belong to coca cola  red bull 

CCTV is powered by verisure 

All utilities are out of contract and ready for renewal so the new owner(s) can transfer or add to an existing account

We also have 100% Rates relief of £0.00

Recently renewed PAT testing valid for one year

Recently renewed EICR CERTIFICATE valid for five years

What a great start this is for anyone wishing to enter vape retail, everything is more or less done and for the new owner all you have to do is open up and start trading, the custom is there and waiting to greet the new owner(s)

WE ARE OPEN TO REASONABLE OFFERS & WILLING TO NEGOTIATE A FINAL PRICE TO CLOSE THE DEAL.....

Trading 7 days a week

Monday - Saturday 7am - 6pm

Sunday 10am -5pm

Exceptions are made when football is late kick off so the store generally tends to stay open longer

This is an excellent opportunity for anyone looking to step into a well established business, with having a low monthly rental  which won't be found anywhere in the area makes this buinsess a big plus for any potential buyer.

With the location, condition and reputation this vape shop would suit either a private owner or for a multiple operator looking to add to their existing portfolio of businesses, this store is ready for the new owner(s) to start trading straight away and put their own personal touches to it, 

For interested purchasers please make sure you have funds arranged and available to purchase the property.

                                    VIEWING IS STRICTLY BY APPOINTMENT ONLY.......

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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.

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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.

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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.'.

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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.

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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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