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Licensed bar and eatery for sale in Greater Manchester, well-regarded with loyal customers

Undisclosed, Manchester

PHOTO COMING SOON

  • Leasehold: £99,999
  • Turnover: £400,000 (£7,692 per week)
  • Profit: £50,000 (13% Profit margin)

Business Details

Confidential Licensed Bar & Eatery Greater Manchester

Business
Please quote reference B09640

CoGoGo presents an exciting opportunity to acquire a highly regarded licensed bar and eatery operating from a prominent suburban location within Greater Manchester.

The business enjoys an excellent reputation, a loyal customer base and strong online reviews, making it a well-established destination for food and drink.

This is a genuine turnkey opportunity, ideally suited to an owner-operator or hospitality group seeking a well-equipped venue with significant growth potential.

The owners are selling due to other business commitments, creating an excellent opportunity for a new proprietor to build upon the strong foundations already in place.

The business operates as a popular bar and restaurant offering a range of craft beers, wines, cocktails and tapas-style dining. It has developed a strong reputation for quality, service and atmosphere, reflected in its excellent customer reviews and loyal following.

Currently trading limited days each week, there is substantial scope to increase revenue through extending opening days and further developing the existing offering.

The owners advise that the business is being offered for sale due to other work commitments and the desire to focus on a new venture.

This represents an excellent opportunity to acquire a well-established hospitality business with an enviable reputation, quality facilities and genuine potential for future growth.

To proceed, we kindly ask that you sign a Non-Disclosure Agreement (NDA) in order to receive further information.



Location

The business occupies a prominent position within a vibrant and affluent suburban area. The location benefits from a strong local community, excellent levels of passing trade and a thriving hospitality scene, supporting both daytime and evening custom.



Premises

The premises are presented to a high standard throughout and offer an attractive environment for customers. Facilities include a fully fitted commercial kitchen, spacious bar area and substantial cellar storage capacity.

The business is fully operational and equipped, allowing a new owner to continue trading immediately following completion.



Tenure

The business operates from leasehold premises.



Hours
The business currently trades on a part-week basis, providing clear opportunities for a new owner to extend opening hours and increase turnover.



Staff
The business operates with an established team, ensuring continuity and smooth day-to-day operations.



Financial Profile

Financial information will be made available to genuinely interested parties following initial enquiries.



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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.

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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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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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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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