Top-Rated Sustainable Non-Alcoholic Drinks and Food Lounge in Winchester for Sale
Winchester, Hampshire
- Status
FOR SALE
- Date Submitted:
11/12/23
- Advert ID
603736
- Reference
B07662 / Rightbiz
- Call Agent:
- Leasehold: £59,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly rated drink and food lounge for sale
BusinessPlease quote reference B07662
CoGoGo are delighted to welcome to the market Proudfoot & Co, a highly rated cafe and drinks lounge in Winchester, Hampshire.
The business was first established by our client in 2019, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews, the business is extremely popular within the community.
Proudfoot & Co has now come to the open market due to our client desire to move on.
They're an independent sustainable non alcoholic drinks lounge and food business that aims at using local ingredients.
Proudfoot & Co is extremely highly respected, featuring in the following -
- Waitrose Magazine Xmas Edition 2022: Best non-alcoholic bars in the UK
- Drinkaware 2023: Top non-alcoholic bars in the UK
- Dry Drinker (Summer 2023): UK's top non-alcoholic bars
- Olive Magazine
- Tripadvisor Traveler's Choice Award '23
Key selling points -
- Outstanding reviews
- Repeat custom
- Handover period offered
- Scope for expansion
- High footfall location
- Lots of potential to develop either side of the business
Location
Proudfoot & Co is located on St Thomas Street, in the town centre of Winchester, Hampshire.
The business has eye catching signage and receives high levels of footfall and passing trade.
Premises
Beautifully designed eatery and bar with bespoke décor and lighting.
Prep area.
External seating for the warmer months.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The rent is £36,000 per annum.
Hours
The current trading hours are -
Monday - 2:00pm - 8:00pm
Tuesday to Wednesday - Closed
Thursday - 2:00pm - 8:00pm
Friday - 2:00pm - 10:00pm
Saturday - 11:00am - 10:00pm
Sunday - 11:00am - 8:00pm
Staff
We are advised that the business is run and managed by the owner, with the help of 2 staff members.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £84,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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