Hot Food Takeaway in Prime Glasgow Location with Management in Place
City of Glasgow, Glasgow
- Status
FOR SALE
- Advert ID
656651
- Reference
2829 / Rightbiz
- Call Agent:
- Leasehold: £120,000
- Rent: £28,500 (£2,375 per month)
- Turnover: £830,000 (£15,962 per week)
- Profit: On request
Key Features
- Serious buyers encouraged for inquiries
- Smooth ownership transition
- Stone-baked pizza offerings
- Storage area availability
Business Details
Award Winning High Turnover Hot Food Takeaway Prime Glasgow Location
Award-Winning, High-Turnover Hot Food Takeaway – Prime Glasgow Main Road Location
£16,000 AVERAGE WEEKLY SALES • MANAGER-RUN • LOW RENT • LONG LEASE
An exceptional opportunity to acquire an established, award-winning and highly profitable hot food takeaway in an outstanding trading in Glasgow.
With average weekly sales of approximately £16,000, the business benefits from a strong combination of takeaway and delivery trade, an excellent local customer base and significant additional trading opportunities.
The business is fully staffed and manager-run, with no requirement for the owner to be involved in the day-to-day operation — making this an attractive proposition for an experienced operator, investor or ambitious buyer looking to acquire an established business with scope for further growth.
The Numbers
· Average weekly sales: £16,000
· Offers in the region of £120,000
· Rent: only £2,375 per month
· No business rates payable
· Long lease extending to 2040
· 655sq ft / 62m² premises
· Manager-run operation with no owner involvement
Why This Business Stands Out
· Award-winning established business
· Prime corner main road position
· Highly visible trading premises
· Strong mix of takeaway and delivery sales
· Full Class 3 hot food consent
· Recently refurbished to a high standard
· Refurbished 3-pan frying range installed in 2022
· Double pizza oven
· Established menu including fish & chips, pizzas, burgers and ice cream
· Attractive low monthly rent
· No rates payable
· Long lease providing excellent security of tenure
· Further potential to increase sales and profitability
A Business with Genuine Growth Potential
The business already generates an impressive £16,000 average weekly turnover, but there is scope for a new owner to build on this established trading base.
The prominent main road location provides particularly strong exposure and the potential to benefit from the surrounding densely populated community.
The combination of strong turnover, an established customer base, low occupancy costs, quality premises, a long lease and a manager-run operation makes this an unusually attractive acquisition for someone looking to buy an established food business rather than start from scratch.
Offered at £120,000
The asking price includes the business, equipment and valuable leasehold interest.
An excellent opportunity to acquire an established, high-turnover takeaway with a strong trading history, attractive property costs and considerable scope to take the business to the next level.
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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.
Be safe, use a Rightbiz Solicitor
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