Top Solihull Bar/Bistro Business Opportunity Available for Sale
Solihull, West Midlands
- Status
FOR SALE
- Date Submitted:
04/10/22
- Advert ID
501362
- Reference
B07066 / Rightbiz
- Call Agent:
- Leasehold: £69,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly Rated Bar And Bistro Opportunity For Sale
BusinessPlease quote reference B07066
CoGoGo are delighted to welcome to the market this Bar/Bistro business opportunity based in Solihull. The sale of this well respected establishment would not be included the current business name. The sale is just for the lease and assets.
This opportunity was first established in 2021, and has now come to the open market due to this opportunity being too far away for our clients other businesses.
This free of tie Bar/Bistro currently generates around 85% drink sales and 15% food sales.
There is a huge demand for food, so a new owner could easily look at increasing the food menu to improve sales. They could also look at opening for lunchtime trade/extending trading hours, as well as adding Bottomless Brunch offers and introducing a delivery service. A new buyer should also looking at increasing the drinks menu.
Key Selling Points -
- Located on same busy parade as Turtle Bay, Butterfly Rooms & Wetherspoons.
- Sought after location.
- Long lease.
- High end refit.
- Opportunity to add own brand.
- Ideal owner operator opportunity.
- Great outside terrace space
Location
This Bar/Bistro opportunity current occupies a much sought after trading position on Station Rd, in Solihull.
The business is located on same busy parade as Turtle Bay, Butterfly Rooms & Wetherspoons.
Premises
- Open plan bar - Seating for 40
- Bar servery area
- Toilets
- Pizza Oven
- Storage area
- Pavement terrace to the front of the property- additional seating for 16.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 8 years remaining on the 10 year lease. The rent is £32,000 per annum.
Hours
The business hours are -
Monday - Closed
Tuesday - Closed
Wednesday – 4:00pm – 11:00pm
Thursday – 4:00pm – 11:00pm
Friday – 2:00pm – 12:00am
Saturday – 12:00pm – 12:00pm
Sunday - Closed
Staff
Further information on the staff can be made available.
Financial Profile
Further information on the financials can be made available upon request.
Please quote reference B07066
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.'.
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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.
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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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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.
Be safe, use a Rightbiz Solicitor
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