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Well Established and Popular Sports Bar in Aldridge, West Midlands *Viewing Recommended*

Aldridge, West Midlands
Well-Established and Popular Sports Bar in Aldridge, West Midlands *Viewing Recommended* Photo 1
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Well-Established and Popular Sports Bar in Aldridge, West Midlands *Viewing Recommended*
  • Turnover: On request
  • Net Profit: On request

Business Details

*Offers Invited*

City Business Brokers are pleased to bring to the market this well-established Sports Bar which enjoys all the considerable commercial advantages of a fantastic trading position among other vibrant outlets in the busy town of Aldridge, being ideally located in a precinct in Aldridge town centre close to all local amenities.  There is some parking to the front of the premises and plenty of town parking nearby.

 

Fitted and presented to high trade specifications throughout, these well-maintained leasehold premises provide excellent and highly functional internal business accommodation.  The Ground Floor consists of an inviting glazed double fronted public entrance directly off the main street into a welcoming open-plan lounge with Bar Area, tables and seating and 4 large flatscreen TVs.  On the First Floor is a Function Room, which is Free to book, with dedicated Bar Area, tables, seating, air conditioning and large flatscreen TV.  In total, the premises can comfortably seat 120. To the exterior, the premises are well signed and presented and afford ample and inviting display window space on to a high footfall metropolitan retail thoroughfare, in addition to an incorporating a good-sized private service yard area with separate rear access.

Note: There is currenty no kitchen facility available. *Wet sales only*

 

The premises has a late-night licence and is fitted with CCTV throughout.

 

The business serves a variety of alcoholic and non-alcoholic beverages and operates a Happy Hour Monday to Friday from 6.00pm.

 

The business would benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of on-line advertising in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form some 5 successful years ago by the current owners.  Ideally, the business should be owner/couple-run to maximise profits.  There is plenty of potential with regard to the Private Function Room for parties, special occasions, meetings, etc.  We would strongly recommend the earliest possible viewing to avoid disappointment.

 

Current turnover: In the region of £5,000 per week with huge scope to increase.

Lease:  Rolling lease
Rent: The current rent stands at approximately £12,750 per annum

Trading Hours:  Closed Monday. Tues to Thurs 2.00pm-Midnight, Friday to Saturday 11.00am-2.00am, Sunday 12.00pm-Midnight

Fixtures and Fittings: The business is well-fitted throughout and a valuable inventory of equipment is to be included in the sale price.

Note: Library images may have been used for display purposes

A full profile is available once a non-disclosure agreement has been signed.

All enquiries to City Business Brokers.

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

 

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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.

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