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CONFIDENTIAL
FOR SALE
656326
This cocktail bar & eatery is an established, independent hospitality business located in the heart of Chester city centre. Trading for over seven years, we have developed into a recognisable local brand with an established customer base and strong presence within Chester’s food, drink and leisure market.
The business combines a cocktail-led bar with casual dining, offering an accessible food menu alongside an extensive range of cocktails and drinks. Bottomless brunch is a key part of the offering, complemented by regular dining, group bookings, celebrations, race days, DJs, themed events and seasonal experiences.
We benefit from its location on Watergate Street, one of Chester’s established hospitality destinations and within walking distance of Chester Racecourse. The surrounding bars and restaurants create a strong circuit, with customers regularly moving between venues throughout the day and evening.
The venue is fully fitted and operational, with an established team, commercial kitchen, bar facilities, equipment, operating systems and supplier relationships already in place. The fixtures, fittings and equipment required to continue operating the business are intended to be included within the sale, providing a largely turnkey opportunity for an incoming owner.
The business has an established online and social media presence which plays an important role in generating bookings and promoting events, offers and seasonal activity. The brand, website and relevant digital and social media assets are intended to form part of the sale, subject to final agreement.
The business has experienced growth in turnover as the brand and its key revenue streams have developed. Updated management accounts are currently being prepared and further financial information will be available to serious prospective purchasers.
The owner is selling in order to focus on other business interests and projects. A comprehensive handover can be provided to the purchaser, including introductions to suppliers and guidance on the existing systems, menus, bookings, marketing, events and day-to-day operation of the business.
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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