High Traffic, Well-Established Cocktail Bar for Sale in West Yorkshire
Pontefract, West Yorkshire
- Status
FOR SALE
- Advert ID
621580
- Reference
B08329 / Rightbiz
- Call Agent:
- Leasehold: £85,000
- Turnover: £226,249 (£4,351 per week)
- Profit: £61,587
Business Details
Popular & Established Cocktail Bar For Sale
BusinessPlease quote reference B08329
CoGoGo welcomes to the market Iron Dram, Pontefract's celebrated and only Moonshine Lounge and dedicated country bar.
Since its opening nearly four years ago, Iron Dram has grown to become the go-to venue for those seeking a distinctive atmosphere, exclusive cocktails and the sounds of country music. Located in a bustling area with high footfall, this bar benefits from substantial passing trade, making it an attractive investment in the heart of a rapidly evolving nightlife scene.
Iron Dram has distinguished itself by embracing the booming country music trend, drawing in enthusiasts from far and wide to experience its unique blend of rustic charm and modern flair. The venue offers a wide selection of top-quality Moonshine - a rarity in the UK - along with innovative cocktails and a range of craft beers. Each drink on the menu is crafted with quality in mind, catering to both casual drinkers and connoisseurs, ensuring high levels of repeat custom.
Beyond its established reputation, Iron Dram holds significant potential for further growth. Prospective owners could capitalise on the bar's loyal following by hosting regular live county music events. expanding food offerings to include American-style bar snacks, and developing a merchandise line featuring branded glassware and apparel. With room for enhanced social media marketing and the possibility of partnering with local music festivals or events, the brand could further cement its role as the UK's top Moonshine Lounge.
This is a rare opportunity to acquire a profitable, well-regarded business with a unique identity in an area primed for continued growth. Iron Dram stands out not only for its distinctive niche but also for its prime location and enthusiastic customer base, making it the perfect investment for anyone looking to step into an established, yet dynamic, business with ample opportunities for expansion.
Location
Located in the vibrant heart of Pontefract, Iron Dram attracts substantial passing trade thanks to its high-footfall area, positioning it as a prime investment within the town's dynamic nightlife scene.
Premises
Iron Dram occupies a compact, single-fronted premises with bold, eye-catching signage that draws in passersby. Inside, patrons are welcomed by a cosy bar area with seating options and conveniently located restroom facilities, creating an intimate and inviting atmosphere.
Tenure
This opportunity is being sold on a Leasehold basis. The business benefits from 0 business rates.
Hours
The current operating hours are:
Monday - Closed
Tuesday to Friday - 1:00 pm to 11:00 pm
Saturday - 12:00 pm to 1:00 am
Sunday - 12:00 pm to 11:00 pm
Staff
This business is run and managed by our client.
Financial Profile
This business generated a turnover of £226,000. Full financials can be made available upon further request.
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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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