Buy a Successful, Well-Established Nightclub in Bolton, Manchester
Bolton, Manchester
- Status
FOR SALE
- Date Submitted:
14/02/24
- Advert ID
606789
- Reference
B07831 / Rightbiz
- Call Agent:
- Leasehold: £119,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Thriving Nightclub For Sale in Bolton
BusinessPlease quote reference B07831
CoGoGo welcomes to the market an exciting opportunity Loco Bar, a highly rated Bar and Nightclub.
This business was established in 2012 and has recently been rebranded back in 2022, our client is now with heavy heart looking to sell due to his desire to move on to new ventures.
The business is well known locally and loved in the town and has many regular customers, the club is very much a social hub within the community with its popular events. The business also benefits from high levels of footfall and passing trade due to the location.
Along with the impressive turnover we feel that there is fantastic scope for this to escalate by increasing trading hours and pushing for more advertising on various platforms to raise awareness.
This is a tremendous opportunity to own this highly desirable business, an early viewing must come highly recommended to avoid disappointment.
Location
This business is located on Bradshawgate, Town Centre, Bolton.
Premises
The club has great eye catching signage with inviting decoration and an attractive bar area.
Basement
- Office
- Staff Room
- WC
- Open Plan Nightclub
- Smoking Area
- Sliding Club entry door for enterance payment
Tenure
We are advised Loco is being sold on a Leasehold Basis, currently on a 10 year lease. The rent is £25,000 per annum.
Hours
The current hours are:
Monday to Thursday - Closed
Friday & Saturday - 8:00pm to 3:00am
Sunday - Closed
Staff
We have been advised there is 7 members of staff within the business.
Financial Profile
Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
