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Cocktail and Lounge Bar with Seating for 30 in London Up for Sale

Undisclosed, London
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Cocktail & Lounge Bar for SaleCocktail & Lounge Bar for SaleCocktail & Lounge Bar for Sale
  • Leasehold: £20,000
  • Turnover: £156,000 (£3,000 per week)
  • Net Profit: Not Applicable

Business Details

Cocktail & Lounge Bar for Sale

WE ARE INFORMED by the owner the turnover currently averages £3,000 per week with a Gross profit of 70% approx. FEATURES:

Double unit with electric shutters.

Lounge and cocktail bar seating 30 people.

Bar - EPOS cash register, Double door drinks fridge, cocktail station with ice well and speed rail, glass washer (on lease), 4 beer pumps, hand was basin, shelving, sound system with six speakers, amplifier and mixing station.

Rear store - shelving, air conditioning, beer cooler, freezer. PRICE:
TO INCLUDE THE LICENCE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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THIS BUSINESS HAS BEEN SOLD
This listing has been withdrawn from the market. We're currently awaiting confirmation from the seller. Please check back soon for updates.

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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The data showed regarding this advert 'Cocktail & Lounge Bar for Sale - R2389 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.