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Irish Bar in Manchester with Live Music and Late License Available for Sale

Undisclosed, Manchester

PHOTO COMING SOON

  • Leasehold: £250,000
  • Turnover: £740,577 (£14,242 per week)
  • Profit: Not Applicable

Business Details

Established Irish Bar • Live Music • Late Licence • Free of Brewery Tie

Business
Please quote reference B09746

CoGoGo presents an exciting opportunity to acquire a well-established and highly regarded Irish bar operating from a prominent position within a major North West city centre.

This lively, modern venue combines the warmth and character of a traditional Irish pub with a contemporary city-centre bar experience. The business has developed a strong reputation for its fantastic atmosphere, live music, sport and authentic Irish hospitality.

The business enjoys consistent year-round trading, with a predominantly retail customer base, and is currently operated with minimal day-to-day involvement from the owner.

Established for many years, the business has built a loyal following and a strong presence within the local hospitality and nightlife scene.

The operation is currently 100% wet-led and, importantly, is free of any brewery tie, giving an incoming operator valuable freedom over suppliers, purchasing and product selection.

Live entertainment forms an important part of the venue's appeal, alongside televised sport and late-night trading.

Despite the current drinks-led model, the premises also benefit from a commercial kitchen with extraction, providing an excellent opportunity to introduce or develop a food offering.

The venue benefits from late licensing and live music permissions, allowing the business to capitalise on the evening and late-night economy.

To receive further information, you will be required to sign a Non-Disclosure Agreement (NDA).



Location

The surrounding area forms part of Manchester’s established leisure and hospitality scene, giving the business access to city-centre workers, residents, shoppers, tourists and Manchester’s considerable evening and weekend trade.



Premises

The business operates from well-presented leasehold premises, ideally configured for a busy city-centre licensed operation.

The venue provides an attractive and welcoming environment designed to accommodate a lively drinks and entertainment trade.

A commercial kitchen with extraction is already installed, despite food not currently forming part of the core business



Tenure

The premises are held on a leasehold basis, with a substantial term remaining.



Hours
The current operating hours are:

Monday - Closed

Tuesday to Thursday - 12:00 pm to 11:00 pm

Friday - 12:00 pm to 2:00 am

Saturday -  11:30 am to 2:00 am 

Sunday - 12:00 pm to 11:00 pm



Staff

The business is operated on a largely hands-off basis, with the owner overseeing performance from a distance rather than working extensively within the venue.



Financial Profile

We are advised that the business generates substantial annual turnover and attractive adjusted profitability.

To receive further information, you will be required to sign a Non-Disclosure Agreement (NDA).



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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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