Businesses For Sale > Business For Sale in Glasgow,Scotland, UNITED KINGDOM - UK (UK)

AC235 -Glasgow,Scotland- Ł125,000-Well Appointed Coffee Shop and Sandwich Bar for sale in Glasgow,Scotland, UK

Glasgow,Scotland, UNITED KINGDOM - UK (UK)

Asking Price:	Gross:	Cash Flow:
£ 125,000	£ 250,000	Undisclosed

Business Summary:
Well Appointed Coffee Shop and Sandwich Bar Ref.AC235 Location Glasgow,Scotland Asking Price Ł 125,000 This business was founded in 2007 by the Vendor and has since established itself as the place to go if you want higher quality hand made refreshments, in a modern, friendly setting away from the main shopping areas of the City. The business operates from a prime location in Glasgow and has established itself amongst the local businesses as one of the region’s leading independent coffee shops. Many current customers have been loyal to the business since the very beginning. This has been due in no small part to the business’s high end, quality products, competitive prices and personal service. The business has always believed in the pursuit of excellence, constantly reviewing the standard of its core products, never afraid to change suppliers who fall short of their exacting standards. The business has shown consistant and regular growth since opening without the need for advertising, as word spread that quality produce was available at affordable prices. The business is further supported by exemplary relations with key local suppliers who have helped to ensure that whatever the product, availability and quality is rarely compromised and that customers are as a result never let down.

Year Business was Established: 2007

Number of Employees: 5FT/4PT

Facilities / Terms of Lease: The business is located in an easily accessible area in Glasgow City Centre and operates from a circa 1.700 square foot area including food preparation area, service counter and seating for 50 covers. The premises are superbly appointed and represent the professional qualities and service the company has built its reputation upon. It occupies the basement of a traditional grade terraced City Centre property, which is away from the main shopping area’s and surrounded by office buildings. The renewable lease has 3 years to run at an annual rent of circa Ł17,500 and rates of Ł8,000 per annum.

Potential Growth/Expansion: The current market for this business’s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Competition: The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business\'s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.

Owner willing to train: The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

Reason for selling: The business is for sale as a result of the vendors’ wish to follow other areas of interest.

Seller Reference Number: AC235
BusinessMart.com Listing Number: 72222

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