Upperkrust, a beloved sandwich shop in Aberdeen, is up for sale due to rising costs and retirement.
Topics covered
Introduction to Upperkrust
Located in the heart of Aberdeen, Upperkrust has been a staple for locals since its inception in 2007. Founded by Jackie Wilson and Sheila Petrie, this sandwich shop has built a reputation for its homemade offerings and friendly service.
However, like many businesses, it has faced significant challenges in recent years, particularly due to escalating operational costs.
Challenges Faced by Upperkrust
In August 2022, Jackie Wilson expressed her concerns regarding the soaring electricity prices that were impacting the business’s viability.
The monthly electricity bill was projected to increase dramatically from £400 to £2,000, prompting discussions about raising sandwich prices to cover these costs. With the price of chicken alone rising by £3, the prospect of charging £30 for a sandwich became a harsh reality.
Business Opportunity and Sale Details
Despite these challenges, Upperkrust remains a profitable venture, and it is now on the market for £50,000 due to retirement. The listing highlights the shop’s established customer base and strong reputation, which are critical assets for any potential buyer. The premises, measuring 532 square feet, are located on the ground floor of a traditional granite and slate building, offering a charming setting for a sandwich shop.
Potential for Growth
The listing emphasizes the potential for increasing turnover through sit-in, takeaway, and outside catering services. The agent describes Upperkrust as an “amazing” sandwich shop that is “still going strong,” thanks to its loyal customer base and prime location. Buyers will benefit from the existing goodwill of the business, along with all fixtures and fittings, making it an attractive opportunity for aspiring entrepreneurs.
Conclusion
Upperkrust’s sale presents a unique opportunity for anyone looking to enter the food service industry in Aberdeen. With a solid foundation and room for growth, this sandwich shop could be the perfect investment for the right buyer. Interested parties can find more details about the property and its offerings, including a full inventory and stock valuation, to make an informed decision.
Leave a Reply