Bar for Sale in Sunderland

Summary:

• Proof of funds required
• Prime Location
• Heavy footfall area
• Huge potential
• Unique Opportunity
• Residential Area
• All fixtures & Fittings
• Excellent Client Base
• Highly Rated
• Established Business
• Modern Interior Design

Business Description:

Silk Letting Ltd would like to present a well-established bar for sale in Sunderland. This is an amazing opportunity for the market. This business has lots of potential for a new buyer and has an amazing strong client base who always go back for more.

The items the business offers are

• Alcohol
• Sandwiches
• Coffee
• Toasties
• And many more snacks

There are many services within this business such as the DJ for music purposes, the pub, and the lounge.

This successful business makes a lot of profit weekly and attracts many customers as it is based in a busy attractive area.

Location and Amenities:

The business is in a prime location surrounding lots of houses and businesses, factoring towards a heavy amount of footfall. The business is in a good noticeable place and is exposed highly to the public, it is also nearby a car park, giving the business an advantage by allowing customers to travel to and from the premises safely and efficiently.

The business has many transport links such as buses which are useful for customers to travel to and from the business easily.

Growth Potential:

This business is already successful but can change or improve on different elements of the business. One way could be to increase working hours as the business has a license to extend hours later.

Another potential factor to increase growth and gain a larger audience is to use social media platforms to the best extent. The business currently has Facebook and Instagram but isn’t as active on Instagram. By using Instagram properly and introducing incentives/competitions, it can attract more customers to the market.

The business could also introduce delivery options for the system, as they are the most popular options to use these days. This could include Uber eats, Deliveroo and Just Eat. These platforms can help boost the business and provide their food and items through online.

Financial Profile:

Lease - 2.5 years remaining however, a new owner can request a lease with the minimum of 3 years and a maximum of 10 years.

Turnover is available upon request

Property:

This business has 2 floors which include an office, basement, cellar, 4 ladies’ toilets and 1 male cubicle. The property is large and spacious and can fit up to 200 – 250 people.

The business also has a front yard which fits up to 50 – 60 people with 3 large benches and 6 old-fashioned barrels.

There are multiple tables and chairs, some near the window that can fit up to 8 people.

Security Features:

This property is fully secured with high-quality shutters and an alarm system, alongside 14 CCTV cameras which have strong software installed costing a fortune.

The security of this business is by far very strong and has a high defence system.

Fixtures & Fittings:

All fixtures and fittings are included apart from the tills and the cooling system. However, the owner is open to selling these items to the new owner if they want them.

All stock is included such as 3 separate sound systems.

A full list of assets is available upon request.

Staff:

The business currently employs 1 member of staff, and the new owner can use this statistic to recruit more employees to the business and create a fresh dedicated team for a fresh business venture.

This is an exciting opportunity for any new owner looking to purchase an already existing business with the potential for further growth.

The business is currently open:

Monday - 8:30 AM– 1:30 PM

Tuesday --   8:30 AM– 1:30 PM

Wednesday -- 8:30 AM – 1:30 PM

Thursday - - 8:30 AM – 1:30 PM

Friday – 8:30 AM – 3:30 PM

Saturday – 8:30 AM – 3:30 PM

Sunday -- 8:30 AM– 1:30 PM

Reason for the business sale:

The owner is selling the business due to moving away. This creates the perfect opportunity for any new owner looking for a business opportunity with huge potential.

Would you love to be running a successful business and call it your own?

This is a business to get excited about and it is a rare opportunity on the market.

We anticipate great interest in this amazing listing, and we don’t anticipate this business to be sitting on the market for that long.

This is a great and intriguing opportunity to become your own boss and carry out your passion to the highest level possible.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for any owner

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 507 9791.