CONFIDENTIAL
FOR SALE
651136
This established venue has become a beloved staple in the community, attracting a loyal clientele since its inception six years ago. With a premises license that allows both off and on-license sales without restrictions on vertical drinking, the business has demonstrated sustained profitability, making it an enticing opportunity for prospective buyers.
The owners are offering this unique establishment for sale solely to focus on other projects, presenting a rare chance for new ownership to step into a well-oiled operation that has retained a solid following. The sale is confidential, yet any interested parties are encouraged to reach out for further information.
Location and Amenities
Positioned strategically close to notable attractions such as Brighton College, Royal County Sussex Hospital, Brighton Beach, and Sea Lanes, this location benefits from high foot traffic and a diverse customer base. These nearby amenities further enhance the business's appeal, drawing in both locals and visitors alike.
Included Assets
The sale includes a range of fixtures and fittings that are essential for the smooth operation of the establishment. Among these are a brand new chiller, font and taps, glasswasher, stainless steel display fridges, and vintage mid-century furniture, all of which contribute to the unique character of the bar. The asking price is negotiable, and the current turnover stands at an impressive £300,000, with an annual rent of £15,000 and a profit margin of £50,000.
Business Overview
This wine bar operates seven days a week and has garnered an exceptional online reputation, boasting a Google Reviews rating of 4.9 stars. With a pavement licence for outdoor seating and a proven track record of success, the business is well-positioned for future growth and increased turnover. The outgoing owners are committed to ensuring a smooth transition and are willing to provide training opportunities for the new owners.
This is a prime opportunity for anyone looking to enter the flourishing craft beverage market in Brighton. With its solid foundation and room for expansion, this business promises not only profitability but also the chance to carry on a beloved local tradition.
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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