Busy West End Cafe & Bistro for a quick sale only £66,000

Beautifully designed - Busy Mediterraneo Café & Bistro is located on top of Byres Road in Glasgow West End. Passing trade is very high. Wage bill is £650. Weekly Take ins is £3,300 per week and £172,000 per annum with very profitable 81 % GP. Rent £7,250 per quarter. Business is for sale to focus on our other businesses.

Weekly take in £3,300

Rent £550
Rates £200
Suppliers £620
Wages £650
Others £280
Total = £2300

Net Profit = £1,000 per week

The business if for sale for the company’s other 5 freehold and leasehold interests in London and Glasgow as the turnover of this property is only 3 % of the company’s turnover annual and this is too small for such a large company to run but this business can be a gold mind if focused on with a hands on business minded people that is why the sale price is only £66,000 for a quick sale.

This is an excellent opportunity not to be missed on Glasgow’s busiest and most fashionable High Street – Byres Road; you cannot get a better location in Scotland for the asking price.

Full Support and training is available even though it is a very easy and profitable business to run with over £50,000 net profit a year.

This is a 12 year Leasehold business for a quick sale for £66,000 with £7,250 rent per quarter.