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CONFIDENTIAL
FOR SALE
631441
We are excited to present a unique opportunity to take over a newly established bar located in the heart of Swansea. This spacious venue spans two floors and features a large dance floor area on the lower level, perfect for hosting events and attracting a vibrant clientele.
The premises come with a current contract for a smart dispense system supplied by Heineken. New owners must either assume this contract or incur an additional fee to withdraw from it, which should be factored into any financial considerations.
Situated just 100 meters from Wind Street, the bar is in a prime location with significant potential for growth. The surrounding area boasts various amenities including shops and restaurants, enhancing its appeal to potential customers. The competition in the vicinity is moderate, allowing for a manageable entry into the market.
This business has been established for just two months and the current owner possesses it for three months due to health reasons. It currently employs two staff members and has an online presence on both Facebook and Instagram, providing a foundation for marketing and outreach.
The bar is being offered at a leasehold price of £37,000, with a current turnover of £96,000 and an annual rent of £18,000. All stocks, fixtures, and fittings are included in the sale, making this an attractive package for prospective buyers. Additionally, there may be potential incentives available to assist new owners during the transition.
For those interested in developing their business skills, training opportunities will be provided to ensure a smooth handover. With the right vision and effort, this bar can be transformed into a thriving venue.
Don't miss out on this remarkable opportunity to own a bar in a bustling and vibrant city.
Please message me for more information
SERIOUS ENQUIRIES ONLY.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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