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Profitable Hospitality Businesses for Sale in Coatbridge, High Turnover, Prime Location

Coatbridge, North Lanarkshire, ID 224338

Profitable Hospitality Businesses for Sale in Coatbridge, High Turnover, Prime Location 1
Profitable Hospitality Businesses for Sale in Coatbridge, High Turnover, Prime Location 1
Asking price:
GBP£750 000
Turnover (per year): £1 100 000 gbp
Net profit (per year):£130 000 gbp
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Description

The hospitality businesses located in Coatbridge, North Lanarkshire, present an exceptional investment opportunity within a well-established and profitable sector.The portfolio is offered on a leasehold basis at £750,000 and currently generates annual turnover of approximately £1,100,000, with reported profits of £130,000. Annual rent is £62,040.Situated in a prime town centre location, the businesses benefit from strong visibility, excellent accessibility, and proximity to a wide range of local amenities including shops, restaurants, and public services. These factors contribute to a consistent flow of customers and ongoing trading performance.The businesses have been successfully established for over five years and have developed a loyal customer base alongside a strong reputation within the local community.The sale includes all fixtures and fittings, providing a fully operational turnkey opportunity and allowing for a seamless transition to new ownership.A strong online presence further supports customer acquisition and retention, enhancing the overall value of the business.The operation is supported by a dedicated team of more than 15 staff members, ensuring efficient day-to-day management and service delivery.The current owner is offering the businesses for sale due to health-related reasons, creating an opportunity for a new owner to build upon the strong foundations already in place.This represents an attractive acquisition opportunity for investors or experienced hospitality operators seeking a profitable, established business with significant turnover, proven trading history, and a strong position within the local market.

Details

Real Estate: Lease
Asking price: 750 000 gbp
Turnover (per year): 1 100 000 gbp
Net profit (per year): 130 000 gbp
Rent (per year): 62 040 gbp

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