SOLD – Profitable Freehold Sandwich Bar & Bakery, Ibrox, Glasgow Ref. 2729

Freehold £95,000

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This is an excellent opportunity to acquire a spacious profitable well established freehold sandwich bar and bakery in the densely populated Ibrox area of Glasgow.

Annual net sales of £140,000.

Low overheads and potential for further growth through deliveries.

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Type of business
This is an exciting opportunity to acquire a well equipped and established takeaway freehold sandwich bar and bakery in the Ibrox area of Glasgow. Viewing is highly recommended. Ibrox is a busy densely populated area of Glasgow and this provides a great regular customer base together with good passing trade for the business. There is the potential for further expansion through deliveries. The premises have bright front shop and extremely spacious rear shop area with ample cooking, prep and storage space. The premises could cater for a wide range of similar food offerings and takeaway/delivery trade. The property also benefits from sunny west facing outside seating.
Opening hours
8am - 4pm 7 days.
The owner runs the business with 2 full-time and 3 part-time staff.
Freehold. Rateable value only £2,800 so no rates are payable.
The premises are a spacious 57m2 (602sqft) unit. The front shop is mainly the serving area with the spaciously kitchen, prep and storage area to the rear. There is also a staff toilet. Ample unrestricted on street parking outside the shop.
Financial information
Net annual sales for 2021/22 were £140,000 which with low overheads make this a profitable and easily run business. All equipment, fixtures and fittings are owned outright and included in the sale price. Further financial information can be made available to serious interested parties after viewing.