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£269,999

Restaurant for sale
Shrewsbury, England, United Kingdom SY1

    Business
    Added on 13/12/2024

    About this property

      Business
      Please quote reference B08437

      Cogogo presents a profitable takeaway business called Wimpy based in Shrewsbury.

      Located on the bustling Claremont Street in the heart of Shrewsbury, this thriving Wimpy family restaurant offers a rare opportunity for a motivated entrepreneur to acquire a profitable, well-established business with significant growth potential.

      Key Highlights:


      • Turnover: £360,000
      • Net Profit: £126,000
      • Leasehold: Secure a 20-year lease with a manageable annual rent of £30,000
      • Asking Price: £269,999
      • Owned for 6 Years: Operated by a sole trader, ready for new ownership due to other business interests.

      Situated in a prime location, this Wimpy benefits from high footfall, excellent passing trade, and proximity to local shops and attractions. It is a popular destination for locals and tourists alike, thanks to its reputation for quality food and friendly service.

      Operating as a family restaurant, Wimpy offers a menu of classic favourites, including burgers, breakfasts, milkshakes, and more. The brand’s strong presence and loyal customer base provide a stable foundation for continued success.

      Opportunities for Growth: Despite its already impressive profitability, there is ample scope for further development, including:

    • Expanded Delivery Services: Partnering with additional food delivery platforms to capture the growing demand for home delivery.
    • Extended Operating Hours: Opening earlier or closing later to attract a broader customer base.
    • Menu Innovations: Introducing seasonal items, vegan or vegetarian options, and meal deals to cater to a wider audience.
    • Local Marketing Initiatives: Leveraging social media campaigns, local events, and partnerships to enhance visibility and attract new customers.
    • Upselling Opportunities: Implementing staff training to encourage add-ons and higher-value orders.

    • Reason for Sale: The current owner is pursuing other business interests, creating this fantastic opportunity for new ownership.

      For anyone seeking a profitable business with a respected brand and room for growth, this Wimpy takeaway in Shrewsbury is the perfect opportunity.

      Act quickly to secure this rare chance to own a lucrative restaurant in a prime location.

      Location
      Wimpy is located at 9 Claremount St, Shrewsbury SY1 1QG.

      Premises
      The business occupies a spacious leasehold property with the interior including a comfortable dining area with family-friendly décor, a fully equipped kitchen, and a service counter designed for efficient operations.

      Tenure
      This opportunity is being sold on a leasehold basis, with 14 years remaining on the lease.

      The current rent is £30,000 per annum.

      Hours
      The restaurant operates the following hours:

      Monday to Saturday: 09:00 - 20:00

      Sunday: 10:00 - 17:00

      Staff
      The restaurant is managed by the owner, supported by a team of reliable and experienced staff who ensure smooth daily operations and excellent customer service.

      Financial Profile
      This business generated a turnover of £360,000. Full financial details are available upon request, demonstrating the profitability and stability of this business.

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      Monthly repayment

      £1,350 per month

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