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UP MARKET, LICENSED BISTRO

Sutton Coldfield, West Midlands
Leasehold Price:
£700,000
Status
FOR SALE
Advert ID
248335
Reference
160275 / Rightbiz

Sutton Coldfield
Generated a turnover of circa £635k with an EBITDA of over £202k in YE18. Strong balance sheet of over £307k in YE18. Well-known in the local area for its high quality food and drinks, priding itself on sourcing fresh, local produce. The bistro boasts 42 internal covers with a further 60 external covers spread over two patios on either side of the building. 80% of revenue is derived from repeat custom, a testament to the quality of its food, drink and overall service. Strong second-tier management team in place. Scope to introduce an evening restaurant service and to offer private hire and functions. Operates from ideally located leasehold premises. Bus £700,000.

Listing Details
Leasehold Price: £700,000
Tenure: Leasehold
Location: Sutton Coldfield, West Midlands
Sector: Bistros, Cafes, Food And Drink
Financials
Annual Turnover: £635,000
Key Features
  • Company for Sale
  • Attractive Business
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Advert Reference: 160275 / Rightbiz
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