High-Class Cocktail Bar in Ashford Kent on Busy High Street for Sale
Ashford, Kent
- Status
SOLD / WITHDRAWN
- Date Submitted:
29/09/23
- Advert ID
600456
- Leasehold: £60,000
- Rent: £1,900
- Turnover: £208,000 (£4,000 Per week)
- Net Profit: On request
Key Features
- Close to Local Amenities
- Fully Fitted
- Unique Business
- Town Centre location
- Offers Invited
- Attractive Business
- Established Business
- New Lease
- Prime Location
Business Details
High Class Cocktail Bar for sale
**Now looking for a quick sale as the owners have new projects to move onto**A well-established and currently active, running Cocktail Bar situated in the town centre of Ashford, Kent, is up for sale. It boasts a prime location on a busy high street in the heart of the town and is conveniently located near Ashford International train station.
The business was newly incorporated in December of the previous year and has since shown great signs of growth. Significant growth plans are currently in place, and turnover has been increasing over the year. The owners had built the bar with the intention of selling and are moving on to new projects. The asking price of the business is open to negotiation upon application. The Cocktail Bar mainly focuses on unique experience cocktails (with Dry-Ice), Baby Showers, Afternoon Tea, events such as the monthly Mamma Mia Nights and Harry Potter Experience Nights and Bottomless Brunches.
The sale of the business includes all existing fixtures and fittings. The bar operates with versatile opening hours for the customer's convenience, but could increase. On Wednesdays and Thursdays, it's open from 6pm to midnight. On Fridays, the hours extend from 6pm to 2am. Saturdays include two shifts starting from 11am to 4pm and reopening from 6pm to 2am and it is open on Sundays from 11am to 4pm.
The business carries a strong online presence with a popular Instagram page and an established website. Training opportunities will be extended to the new owners to ensure a smooth transition of the business.
If you require more information or specifics regarding the sale of this business, please feel free to contact me.
No business rates are required as the business falls under small business rates relief.
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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.
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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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