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Vape shop for sale in Glasgow with potential for new ownership and immediate trading

City of Glasgow, Glasgow, ID 212296

Vape shop for sale in Glasgow with potential for new ownership and immediate trading 1
Vape shop for sale in Glasgow with potential for new ownership and immediate trading 1
Asking price:
GBP £49 999
Turnover (per year): £269 000 gbp
Owner
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Description

Well-Established Vape Shop for Sale in East End Glasgow A well-established vape shop located in the East End of Glasgow is available for sale after more than 10 years of successful trading. The business is currently owner-operated and managed seven days a week, making it an ideal opportunity for a hands-on owner or an investor looking to introduce additional staff from the outset. The store benefits from a loyal customer base, regular returning clients, passing trade, and an active loyalty scheme. The business offers a wide selection of market-leading and up-to-date vape products, including e-cigarettes, e-liquids, pre-filled pod systems, devices, and accessories. The shop also operates as a Payzone and PayPoint outlet, providing services such as council tax payments, rent payments, gas and electricity payments, parcel collection, and parcel drop-off services for Royal Mail and DPD. In addition, the business holds a fireworks sales licence, with the next renewal scheduled for the upcoming season. There is currently no website in place, creating significant potential for further business growth through e-commerce development and social media marketing. The premises are leasehold with an exceptionally low rental cost of £410 PCM (£94 per week). Additional requirements: * Deposit required * Stock to be purchased at valuation The sale includes all fixtures and fittings, including: * Air conditioning units * Epos Now operating system with full licence renewal upon transfer and integrated back-office system * 3 vape display cabinets * 3 display cabinets * 2 counters * 3 storage cabinets for fireworks Excluded from the sale are the soft drink and energy drink refrigerators, which remain the property of Coca-Cola, Red Bull, and Monster under supplier agreements. The CCTV system is operated through Verisure. All utility contracts are currently out of term and available for renewal or transfer by the new owner. The business also benefits from 100% rates relief with £0.00 payable. Recent compliance updates include: * PAT testing renewed and valid for one year * EICR certificate recently renewed and valid for five years This business presents an excellent turnkey opportunity for anyone looking to enter the vape retail sector. Operations are fully established, allowing a new owner to begin trading immediately with an existing customer base already in place. The business operates seven days a week: * Monday to Saturday: 8:30am - 6:00pm * Sunday: 10:00am - 5:00pm Extended opening hours are occasionally implemented during late football fixtures. With its strong reputation, established location, low overhead costs, and operational readiness, this opportunity is suitable for both independent operators and multi-site business owners seeking to expand their portfolio. The business is fully operational and ready for immediate takeover, offering the new owner the opportunity to continue trading while introducing further improvements and expansion strategies. Reasonable offers will be considered, and negotiations are welcomed for serious buyers. Interested purchasers are requested to ensure that funding arrangements are in place prior to inquiry.

Details

Real Estate: Lease
Asking price: 49 999 gbp
Turnover (per year): 269 000 gbp
Rent (per year): 4 920 gbp

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