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Highly Rated Scarlet Door Cocktail Bar & Kitchen in Stockport Manchester For Sale

Stockport, Manchester
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Highly Rated Cocktail Bar For SaleHighly Rated Cocktail Bar For SaleHighly Rated Cocktail Bar For SaleHighly Rated Cocktail Bar For SaleHighly Rated Cocktail Bar For SaleHighly Rated Cocktail Bar For SaleHighly Rated Cocktail Bar For Sale
  • Leasehold: £99,995
  • Turnover: £570,000 (£10,962 Per week)
  • Net Profit: Not Applicable

Business Details

Highly Rated Cocktail Bar For Sale

Business
Please quote reference B07757

CoGoGo are delighted to welcome to the market Scarlet Door, Cocktail bar & Malaysian Kitchen, a high rated Cocktail Bar that also serves up Malaysian food in Heaton Moor, Greater Manchester.

The business was first established by our client in 2023, building up an excellent reputation and regular customer base during its short time trading. As seen by the online ratings and reviews, the business is extremely popular within the area. 

Scarlet Door, Cocktail bar & Malaysian Kitchen has now come to the open market due to our clients desire to move onto other business ventures. 

This unique business opportunity specialises in Malaysian Street Cuisine, with offering small plates with own unique twist. This is the perfect location to meet friends or relax. The premises is licenced until 1am.

Key selling points -

  • High footfall location
  • Scope for expansion
  • Staff in place
  • Outstanding reputation
  • Repeat custom
  • Average sales of £11,000 per week. 
Scope for further growth -

  • Increase advertising and marketing
  • Offer a local delivery service
  • Push an outside catering side of the business


Location
Scarlet Door, Cocktail bar & Malaysian Kitchen is located on Heaton Moor Road, in Heaton Moor, Greater Manchester. 

The business is situated in a prime trading position, receiving high levels of footfall and passing trade.

There is ample parking in the area. 



Premises
Ground floor - 

  • Modern bespoke décor and furnishings
  • Fitted kitchen with ample storage
  • WC
  • External seating


Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £40,000 per annum. 



Hours
The current trading hours are - 

Wednesday through to Monday - 12:30pm until late

Tuesday- Closed



Staff
We are advised that the business has 11 members of staff, 3 of which are managers. 



Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £570,000. Further financials can be made available upon request. 



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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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