SOLD / WITHDRAWN
31/10/23
601911
Summary:
Business description:
proud to present to the market a spectacular opportunity to own this much sort after restaurant & cocktail bar located in a lively area in Bristol
The business has all the relevant food licenses in place, is a registered food business, and has a premise license & 5* Food hygiene rating. The restaurant gains ample attraction through its high number of walk-ins and passing trade.
The building provides lots of charm and character with its aesthetically appealing interior and comfortable surroundings creating a relaxed and friendly ambiance, this is the perfect surrounding for pre-drinks and a delicious meal out with friends.
This business serves a variety on its menu such as food and cocktails. The restaurant has 60 covers altogether, with 30 covers on the inside and an additional 30 outside covers at the back of the property.
The bar is ideally located close to a busy high street that’s well-populated and surrounded by many other amenities.
All fixtures and fittings are included within the purchase of this business meaning any new owner could take over and continue trading right away.
Location and amenities:
The bar is in a prime location between two very bustling high streets, with traffic, and footfall leading to a lot of passing trade. Close to multiple retailers, this business benefits from the heavy amount of footfall this area gathers.
Close to local transport links such as a bus stop a few minutes away from the premises, this business is very easily accessible to the owner, staff, and customers if they need to travel to the premises.
The business also has 2 parking spaces which is convenient for the owner and staff.
Growth potential:
This is the perfect opportunity for any new owner looking to purchase a well-established business with the potential for further growth.
This already successful company could increase its revenue by trading 6 days a week as right now they’re operating 5 days a week but have a 6-day per week alcohol license.
The restaurant does have a website but no ties to any food delivery services. The new owner could increase sales by partnering with the likes of Deliveroo or Uber Eats. It’s a great platform for customers to order and pay online. Not only does this mean the business can reach a wider audience but it also gives the customers the choice to order their food from the comfort of their own homes.
There’s already been approval of planning permission to knock through from the flat upstairs. This is an amazing opportunity for the new owner as they have the possibility of converting the flat above into more covers for the restaurant or it could be used as extra storage.
Property:
This business is beautifully set with its rustic décor, ensuring the atmosphere is enticing and that the ambiance is comfortable for the customer.
The attractive interior seats up to 30 people and the whimsical outdoor seating area located at the back of the premises also seat up to 30 covers in an extremely enjoyable environment.
The interior is styled with wooden flooring, brick walls, and ambient lighting creating a relaxed setting.
Security features:
The business is fully equipped with CCTV and security alarm systems which ensure that everyone and the premises are always kept safe.
We advise our buyers not to miss out on this perfect opportunity!
Fixtures and fittings:
All fixtures and fittings are included in the purchase of this business making it ready for any new owner to take on right away.
A full list of assets is available upon request.
Staff:
There are 3 staff members, happy to stay under new ownership. This gives the new owner a dependable team to work with. The current owner is happy to do a paid-for (maximum) 6 to 12-Month Handover Period.
Friday 12 pm - 11pm
Saturday 12 pm - 11pm
Sunday Closed (can open on this day) 12pm-11pm
Monday Closed
Tuesday 12 pm - 11pm
Wednesday 12 pm - 11pm
Thursday 12 pm - 11pm
VIEWING STRICTLY BY APPOINTMENT!
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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