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Business For Sale

RE-BRANDED LEASEHOLD SPORTS BAR AND NIGHTCLUB

Attn: Andrew Hudson
'Aberdeenshire', United Kingdom, GB
Listing Number: "AC149 "
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Asking Price: $250,000 GBP United Kingdom Pounds
Business for Sale Industry: Recreation: Sports, Exercise, Gyms  
Reason for Selling: Wish to re-focus on their core activity.
Yearly Revenues: $390,000
 

Business for Sale Overview:

This business set in a cobbled tree lined pedestrian area was established over 20 years ago and acquired by the current Vendors in 2006. They intended to create a themed restaurant (which is their core business) but quickly realized that by refurbishing the premises and creating a sports bar the premises would be far more profitable than they would have been converted into a themed restaurant they originally planned. The nightclub was also completely refurbished and re-branded and is now the town’s premier nightclub catering for the more discerning bigger spending older client. Both businesses have grown since to become significant enterprises with a reputation for the quality of the service, competitive pricing and welcoming atmosphere.


Property Features and Assets:

The business is located in an easily accessible area in Aberdeenshire, taking a town centre location on a cobbled, pedestrian, tree lined street adjacent to some leading High Street retailers. The premises have 9 years remaining on the lease and are superbly appointed with the sports bar occupying the ground floor and the night club the 1st floor. They both represent the professional standards and service the company has built its reputation upon.


Market Competition and Expansion:

The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation


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