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SOLD OR WITHDRAWN FROM THE MARKET
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Popular Bar in Worksop in Nottingham

Worksop, Nottinghamshire
Leasehold Price:
£25,000
Status
SOLD / WITHDRAWN
Advert ID
201907
Reference
05399 / Rightbiz
    High Turnover

    Recently renovated premises

    Late night licence

    Large passing trade

    Minimal overheads

Intelligent Business Transfer are pleased to bring to market the opportunity to become the new owner of one of Worksop’s leading nightlife establishments, recognised by many for its dynamic atmosphere, reasonable prices and popular music.Its loyal customer base, high footfall location and minimal overheads have helped to generate the bar’s high annual turnover of around £75,000, despite its limited trading hours.Numerous ways exist for this already established bar to further grow its prosperity. Extending its opening hours to include weekday hours would attract trade from those wishing to enjoy the club on a weeknight, which would inevitably increase the annual turnover. Implementing a more aggressive marketing strategy through a website and complimentary social media platforms would enable the business to reach out to a wider audience. Such use could involve promoting special offers or upcoming events online, attracting business not just from local residents, but also those living further afield. The current owner has stated they are willing to stay on for a transitional period to ensure a smooth handover of the business to the new owner.Intelligent Business Transfer are searching for a suitable buyer.
Listing Details
Leasehold Price: £25,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Worksop, Nottinghamshire
Sector: Accommodation Businesses, Bars
Financials
Annual Turnover: £59,863
Contact Agent
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Advert Reference: 05399 / Rightbiz
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