Restaurant/cafe for sale in Centre West Shopping Centre, East Kilbride G74

Offers in region of £225,000 (£148.41/sq. ft)
Restaurant/cafe for sale 141 sq. m*
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Property description

Very well presented established franchise Coffee Shop & Bakery located within a busy shopping centre. Fitted out to the highest standard for 114 customers. Net annual sales circa. £413,000. Gross Profit £293,922. Located within busy Centre West, East Kilbride. New rental agreement at 10% of turnover. Well established for over 16 years.

The business is located within Centre West, which forms part of East Kilbride shopping centre, one of the largest shopping centres in Scotland. The franchise occupies a purpose built catering unit on the first floor within Centre West Food Court. Highly visible to all visitors, the large “L” shaped layout offers seating for 114 customers which is split approximately with 56 available internally and 58 in the open plan external area. Eye catching signage and marketing material adorn the external walls of the unit and it is clear that the unit has been recently refitted due to the appearance throughout.

Our clients have owned and operated this Muffin Break franchise since it was established over 16 years ago in this location and is one of six Muffin Break stores in Scotland, with the others located in Aberdeen, Dundee, Glasgow, Livingston and Stirling. This unit in East Kilbride has built up an enviable reputation over the years with a loyal customer base returning for the freshly baked products such as the wide range of savouries to the enticing range of cakes, scones & muffins.

Muffin Break in East Kilbride offers an excellent opportunity for a purchaser to take on an already well performing business, fitted out to the highest standard, and to work hand-in-hand with the franchise group. Muffin Break state costs for starting a new franchise of £325,000 + VAT to which rental deposits and stock would need to be added. There is a franchise fee of 6% of net sales along with an advertising fee of 2.5% of net sales payable by the franchisee. Any purchase will be subject to a property/licence agreement with the franchisor.

The business is operated by the existing franchisees with the assistance of a selection of full time and part time members of staff.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Cornerstone Business Agents, EH26 on +44 131 268 8358 * (local rate)

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