Popular and successful fast-food vendor located on the west coast of Scotland

Wemyss Bay, Inverclyde
REF: INT3169

Asking Price:
£55,000
Annual Turnover:
£390,000
Annual Net Profit:
TBC
Reduced
REF: INT3169
Photo of Popular and successful fast-food vendor located on the west coast of Scotland
Photo of Popular and successful fast-food vendor located on the west coast of Scotland
Photo of Popular and successful fast-food vendor located on the west coast of Scotland
Photo of Popular and successful fast-food vendor located on the west coast of Scotland

Overview

Tenure:
Leasehold
Established:
2020
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Recently Refurbished
  • Well Equipped Business

This fast-food vendor, located on the west coast of Scotland, is a successful and well-established business with a loyal customer base. The current owner is selling the business to focus on other ventures, offering a new owner a profitable opportunity to step into a thriving business.

Included in the sale are the equipment, goodwill, and an established customer base. The buyer will have temporary use of the current menu, but a change will be required due to trademark restrictions. Additionally, the business name must be changed post-sale.

With minimal competition in the area, the business enjoys an excellent reputation for its high-quality food and service, as evidenced by its 4.9* rating on social media.

A single-storey, brick-built building located on the A78 road in Wemyss Bay, a popular tourist area with nearby caravan and holiday parks. The interior is pristine, ideal for food preparation and serving. The layout includes a serving area, fully fitted kitchen with prep area, two stockrooms, and on-site toilets. The business holds a licence until 11.00pm, 7 days a week.
Customers are a mix of new visitors and repeat locals. Freelance drivers handle deliveries, and there is an in-person takeaway service. The business has its own website and social media presence. The current owner requests a name change upon acquisition.
The team consists of 7 employees (FTE) with a manager overseeing operations. Management adopts a hands-off approach, allowing the business to run autonomously with the FTE staff and an automated ordering system, making it a turnkey opportunity for the buyer. The current owner is willing to stay for a transition period, with management transferring along with the sale.

The business has set up its own social media which features a 4.9* status on Facebook. Social media, including Instagram and TikTok are excellent, inexpensive methods of business marketing that can provide excellent growth in the hospitality sector.

The business is closed both Monday and Tuesday with the current opening hours restricted to evening only. There is scope in the busier periods i.e., summer holidays, to open 7 days a week whilst also increasing the opening hours to a lunch time service to take advantage of new customers.

Additionally, there may be scope to provide catering for corporate events and/or local functions should this be feasible for the new owner.

Features

Key Information

  • Delivery Services: In-house

Reputation

  • Google: 4.5

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.grilled-88.co.uk

Location

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  • Residential Location
  • High Footfall
  • On-Site Car Parking
  • Limited Competition

Property

Annual Rent
£12,000
Annual Rates
TBC
Lease Term (Years)
1
Lease Expiry (Year)
2025
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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