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For sale
Property Details
City Business Brokers are delighted to welcome to the market this well-established Bar and Restaurant business, ideally located in the heart of an historic Staffordshire town.
The business offers Coffee or breakfast in the morning, a bottomless brunch on the weekend or late-night dinner and cocktail. A late-night licence is also in place, 7 days a week to 2.30am.
This well-established business has been in our clients’ careful ownership for the last year and is now only being offered to the market due to our clients’ family circumstances. The business operates 7 days per week and generates a turnover in the region of £7,500 per week (60% wet sales, 40% dry sales).
Our clients offer a varied menu of Breakfasts, Fish and Chips, Burgers, Pies, Steak, Sides, Sandwiches, Salads and Jacket Potatoes, as well as a Children’s Menu. They also offer a wide range of Gins, Real Ales, Ciders, Wines, Spirits, soft drinks and hot and cold beverages, all served within the beautifully fitted out and recently refurbished premises. Private hire for celebrations, parties and events is also available.
The business has built up an enviable reputation within the area which has resulted in a very loyal client base, with a vast amount of repeat trade and word of mouth referrals.
It has an excellent website in place to advertise the business and services offered and social media presence on Facebook, Twitter and Instagram.
The large premises boast a spacious Bar and Dining Area as well as ancillary accommodation including Cellar, Sound Room, Staff Room, CCTV room and walk-in Freezer.
A valuable inventory of fixtures, fittings and equipment is included in the Asking Price.
Trading Hours: Monday to Thursday 9.30am-11.00pm
Friday and Saturday 9.30am-2.30am
Sunday 12.00pm-10.00pm
Lease: 19 years remain on the current lease
Rent: £35,000 per annum
Opportunities:
• Expand the menu
• Freehold may be available
• A new owner could also launch a small marketing campaign to advertise the business and fayre offered
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
The existing business creates the groundwork and framework on which a new owner could continue to build. The business is fully set up for continued operation and we believe it would make an attractive proposal for anyone looking to acquire a Bar and Restaurant business in an established location. This project and investment are ideal for someone with an energetic approach and experience in the trade.
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A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Note: Library images may have been used for display purposes