Vape Shop for Sale in Glasgow's East End with Growth Potential
City of Glasgow, Glasgow
- Status
SOLD
- Advert ID
637212
- Leasehold: £44,999 (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 East End 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 made 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.
🚀 Huge Potential to Increase Turnover
There is significant scope to grow the business by introducing:
Mobile phone sales
Mobile phone accessories
Mobile phone and device repairs
Online sales and click-and-collect services
Extending opening hours
Deliveries
Asking price £44.999
Stock on valuation £17.000 - £19.000
Open to reasonable offers to secure the sale with everything included
100% Rates Relief
This store is on leasehold has an attractive low monthly rental value of
£410 PCM
£94 Per Week
Deposits required
All fixtures and fittings are included in the sale of the businesses (Est Value £6.230)
Air conditioning unit
Epos Now operating system
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 for 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 (2 Cameras)
Dahua Camera System 4 Port (4 Cameras)
Recently renewed EICR CERTIFICATE valid for five years
Recently renewed (EPC) Energy Performance Certificate Band A Valid for 10 Years
What a great start this is for anyone wishing to enter vape retail, everything is done for the new owner(s) all you have to do is open up and start trading, the custom is there and waiting to greet the new owner(s)
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.
The owne is willing to provide a full handover and training period to ensure a smooth transition.
Genuine reason for the sale.
VIEWING IS STRICTLY BY APPOINTMENT ONLY.......
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Contact seller
This business has now been sold. We are currently awaiting final confirmation from the seller or their agent. Please check back soon for updates.
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.
Be safe, use a Rightbiz Solicitor
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