Busy Popular Vape Shop, Maryhill, Glasgow Ref 2760
Leasehold £29,995
This is an excellent opportunity to acquire a profitable well established vape shop in the densely populated Maryhill area of Glasgow.
The business sells a wide range of vaping products with its own brand products accounting for 20-30% of sales.
This beautifully presented shop has high levels of repeat local custom and no nearby competition.
Business and leasehold interest for sale at offers over £29,995 plus stock at valuation.
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Type of business |
This is an excellent opportunity to acquire a profitable well established Vape shop in the busy Maryhill area of Glasgow. The business has a superb loyal repeat customer base and excellent passing trade. Its combination of specially sourced “Own Brand” products together with a wide range of popular 3rd party brands give this shop high margins and an advantage over other Vape shops. |
Opening hours |
10am - 6pm 7 days. (Sunday closes at 5pm). |
Staff |
Owner with one part-time employee. |
Tenure |
Leasehold. The rent is £550 per month. The current lease runs until 2030 with a break option in 2025. Rateable value only £3,100 so no rates are payable. |
Premises |
The premises are a bright highly visible 25m2 unit opposite the Lidl supermarket on Maryhill Road. This is a densely populated area which with Lidl and the surrounding parade of shops make this a high footfall location which is good for business. The shop is fitted to a high modern standard with full CCTV and a roller shutter. Ample on street parking nearby. |
Financial information |
With annual sales of around £110,000, excellent gross and net profit margins this is profitable shop which with its very low overheads make it an ideal business for an owner manager with very limited part-time staff. Stock at cost between £10,000 - £13,000. Further financial information can be made available to serious interest parties after viewing. |
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