Business for Sale Overview:
Advent Business Sales are pleased to offer to the market this extremely well established city center bar, which has been trading
successfully for the past five years.
The current vendor originated the business in 2003 but is now reluctantly selling due to other business interests.
The bar runs on continental lines, being very much a coffee/tea/chocolate café during the day, selling a select range of food as well as alcohol, with tables, chairs and umbrellas outside on its paved area, to a full blown bar venue in the evenings with differing types of music in its three separate rooms.
The bar upstairs to the front of the building can be let out for private functions, as indeed can the whole building if numbers of
guests require it.
The music system, which is integral hard drive digital, through warfdale speakers, can be linked into a DJ for private functions if
required.
Decor varies between the three bar areas, giving the business three distinct faces.
The business has its own web site and is also on the local cities web site, where it has been awarded a prestigious 5 star rating.
Two full time and 6 part time employees staff the business.
We are advised that stock at cost is approximately £2,500 - £3,000.
The bar has full CCTV and fire and intruder alarms.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The property is a two story building; it is double fronted with a door to the center and briefly comprising of:
Ground Floor.
Main bar – can accommodate 60 people and has an EPOS till, coffee grinder and machine, fridges and freezers and beer fonts.
Entrance to the building is wheelchair friendly and a disabled
w/c is provided.
Opposite bar is a stairway to the upstairs.
At rear of bar area is a doorway to a covered courtyard.
Side door and passageway leading to front of building.
W/c’s.
Kitchenette, with glass washer, 2 microwaves, toaster, was up sink, fridge and freezer, wall cupboards and shelves.
Leading from courtyard is a curved stairway to first floor rear room.
First Floor.
Contains a second bar room, which has kept much of its 18th Century charm and seats 40 – it can be let out as a private function room. It has its own separate bar.
Store room.
Staff room with separate w/c.
Office.
First Floor Rear.
Much loved by the younger set – due to its decor, fixtures and
fittings, it has been nick named ‘The Leather Lounge’. During the
evenings it has subdued lighting and is a ‘chill out’ area and can seat 30 people.
External.
Fully paved for pedestrians.
5 –6 tables, chairs and umbrellas.
Outside bar.
Market Competition and Expansion:
There is further potential to increase the business, this could include:
1. Increase private functions.
2. Open Tuesday evenings and Sunday’s.
3. More promotions for students.
4. Convert the store room into cold buffet prep room then offer buffets to customers in local financial quarter.
Reason for Selling:
reluctantly selling due to other business interest
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: