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Award-Winning London Cocktail Bar, Restaurant, and Event Venue For Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    04/01/24

  • Advert ID

    604595

  • Reference

    164925 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £400,000
  • Turnover: £2,000,000 (£38,462 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • High Turnover
  • Company for Sale
  • Offers Invited

Business Details

A COCKTAIL BAR, RESTAURANT, AND EVENT VENUE

BASED IN LONDON
YE23 turnover in excess of £2 million.
YE22 turnover of circa £2.2 million, with an adjusted EBITDA in excess of £617,000.
A globally recognised brand boasting prestigious awards and international commendation.
Ideally positioned for expansion, with worldwide trademarks, blueprints for new venues, cloud-based systems, an operations bible, and detailed brand guidelines in place.
Structured as a group, with a holdings company primed to own all intellectual property, licenses, and assets.
Circa £1 million funding utilised to establish a flagship venue and reinvest into expansion opportunities.
Experienced and talented Board of Directors dedicated to driving expansion in collaboration with an investor and partner.
Offers a premium drinking and dining experience, with menus created by a world-renowned Chef and award-winning Bartender.
Substantial social media presence, with over 100,000 combined followers.
Clients are seeking a majority share sale to facilitate growth in partnership with an investor.
OIEO £400,000

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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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.

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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.

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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.

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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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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.'.

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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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The data showed regarding this advert 'A COCKTAIL BAR, RESTAURANT, AND EVENT VENUE - 164925 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.