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Reputable Pub For Sale

Bolton, Manchester
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  • Leasehold: £139,995
  • Turnover: £112,263 £2,159 Per week
  • Net Profit: Not Applicable

Business Details

Business
Please quote reference B06914

Hilton Smythe welcomes the market, The Market Tavern. A modern and vibrant, free of tie sports bar located in the heart of Horwich, Bolton. The business was established by our clients in 2021 after a full renovation of the property.

Since establishment, the business has built up an excellent reputation with all generations, with the Sports bar, extensive wine list, free Wi-Fi and real ale hub on the lower ground.

The 5 star google and Facebook reviews include comments stating, ‘Really good customer service and good entertainment.’ & ‘Best night out, amazing staff.’ Our clients are offering a hand over period to ensure the continued success of the business.

The premises has a late licence and a live sports/music licence, making this the go to place for locals. Along with featuring on the real ale trail website attracting custom from further afield.

Key points – 

  • Excellent reputation and reviews
  • High footfall location
  • Hand over period offered
  • Low overheads
  • Turnkey business
Scope –

  • Increasing opening hours
  • Hosting more live events
  • Newly established business within the organic growth period
The following is included in the sale:

  • Tables and chairs
  • Bar stools
  • Drinks display chillers
  • Til system
  • Optics
  • Large TV screens
This is an excellent opportunity for a new owner to take this popular and thriving business to the next level; therefore, early viewing must come highly recommended.



Location
Market Tavern is located on Chorley New Road, Horwich, Bolton.

The property is surrounded by complimentary shops and residential areas, benefiting from a high volume of footfall, and passing trade. The premises further benefit from ample free street parking and nearby free car parks. 

The area of the business is well-served by the public transport system, with bus stops within easy walking distance of the property. Public transport links to nearby towns such as Chorley, Preston and Bolton.



Premises
Market Tavern is newly renovated with modern, bespoke décor and seating.

The sports bar benefits from having a large TVs, perimeter fixed seating and 2 bars (ground and lower ground)

The ground floor is an open planed sports bar with ample seating, electronic games machines, pool table, ladies, and gents w.c.

The lower ground floor has a well-designed, private function room and separate cellar.

Both bars have dispenser points, double chillers, glass washer and optics display.





Tenure
We are advised the business is being sold on a Leasehold basis with 8 year remaining on the Lease, the rent is £1,000 per month.



Hours
The business trading hours are:

Monday - Closed

Tuesday to Thursday - 15:00pm - 22:00pm

Friday - 12pm - 01:00am

Saturday - 11:00am - 01:00am

Sunday 12pm - 22:00pm



Staff
The business is run and managed by 1 full time and 3 part time staff members.



Financial Profile
Further financial information can be made available upon request.

Please quote reference B06914



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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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