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Retirement Sale - Oceans 11, Established Bar/Diner in Kilmarnock, Staff and Management Included

Kilmarnock, East Ayrshire
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Oceans 11, 19 Fowlds Street, Kilmarnock - Retirement sale of long established business Photo 1
Oceans 11, 19 Fowlds Street, Kilmarnock - Retirement sale of long established business Photo 2
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Oceans 11, 19 Fowlds Street, Kilmarnock - Retirement sale of long established businessOceans 11, 19 Fowlds Street, Kilmarnock - Retirement sale of long established businessOceans 11, 19 Fowlds Street, Kilmarnock - Retirement sale of long established businessOceans 11, 19 Fowlds Street, Kilmarnock - Retirement sale of long established business
  • Freehold: £195,000 (Stock at valuation)
  • Turnover: Not Applicable
  • Profit: Not Applicable

Key Features

  • Attractive Business
  • High Turnover
  • Retirement Sale
  • Close to Local Amenities

Business Details

Oceans 11, 19 Fowlds Street, Kilmarnock Retirement sale of long established business

Oceans 11 is a long established and popular town centre bar/diner.

Our clients have owned the business for over 33 years and have reluctantly decided to sell as they now wish to retire.

The business trades from 11am until 12 midnight Monday – Wednesday, 11am until 1am Thursday to Saturday and 12 noon until 12 midnight on Sundays.

The current owners operate the business essentially under management, full details of the staff complement and accounts information is available upon request.

All equipment is owned outright with the exception of the pool table, fruit machine and one of the juke boxes.

 

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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.

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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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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 'Oceans 11, 19 Fowlds Street, Kilmarnock Retirement sale of long established business - Oceans 11 / 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.