Business Sale Overview:
BuyerBiz are delighted to be able to offer to the market this this brilliant Bar that is now for sale on leasehold in Huddersfield, West Yorkshire.
The vendor is looking to sell due to wanting to do other things after owning this business for 6 years.
Business Sale Description:
This Bar was established in 1998 and now this long-standing Bar is currently up for sale due to the owners looking to do something different. It is a rare chance to acquire one of the longest-running businesses in this area.
This is a charming yet independent Cocktail/ Wine Bar business that is well regarded in the area and very popular, and is now looking for a new owner who can expand on the fantastic foundations the current owners have put in place.
There are currently between 2-4 staff operating at this site. A rare opportunity to own an already profitable business that has been in operation for some time.
For the right owner, this bar is definitely poised for huge growth as the annual turnover is increasing year on year.
ANNUAL TURNOVER: £300,000 Per Annum
NET PROFIT: £30,000
STAFF: 2-4 PART TIME
TENURE: COUNCIL LEASEHOLD
RENT: £24,948 Per Annum
RATES: £17,000 Per Annum
This business is the perfect opportunity for someone who is starting up for the first time or expanding their own bar. Thus meaning the buyer could walk in and start business immediately.
If the new owner was to open up more than the 4 days it is currently open, the growth will happen, also being in the Town centre, this is a bar that holds a fantastic trading position in the city centre.
The business generates a healthy turnover with high gross profit margins and low overheads.
Vendor is happy to disclose all financials upon request.
Please message us for more information, will be happy to meet in person to discuss any questions.
Viewing highly recommended!
Business Location Overview:
This is a bar that is for sale and is located in Huddersfield Town Centre, West Yorkshire
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