Established Micro Pub and Bar in Rotherham South Yorkshire with High Growth Potential for Sale
Rotherham, South Yorkshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
02/04/24
- Advert ID
609071
- Reference
B07939 / Rightbiz
- Call Agent:
- Leasehold: £19,999
- Turnover: £65,000 (£1,250 Per week)
- Net Profit: £35,000 (54% Profit margin)
Business Details
Newly established micro pub and bar for sale
BusinessPlease quote reference B07939
CoGoGo welcomes to the market Rawmarsh Tap Limited T/A Rawmarsh Tap, a highly rated micro pub and bar in the village of Rawmarsh, South Yorkshire.
The business was first established by our client in 2023, building up an excellent reputation and regular customer base during its short time of trading.
Rawmarsh Tap has now come to the open market due to personal circumstances.
Rawmarsh Tap is a micro pub and bar that also has a small kitchen with a pizza menu. The capacity for the bar is upto 30 people and has a trading licence from 12:00pm to 10:30pm.
The business also sells cocktails and a wide range of special beers.
Key selling points -
- High footfall location
- Scope to increase turnover
- Highly rated with a great reputation
- Perfect partnership business
- Increase trading days/hours
- Push advertising and marketing
- Create a business website
- Use space for private parties/events
- Extend menu and drink options.
Location
Rawmarsh Tap is located on Kilnhurst Road, in the village of Rawmarsh, South Yorkshire.
Due to the location of the business, it receives regular levels of footfall and passing trade.
Premises
Ground floor unit -
- Bespoke decor and lighting
- Bar and service counter area
- Small kitchen space to the rear
- Internal seating for upto 30 people
- Storage space
- WC's
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The rent is £500 per month.
Hours
The current trading hours are (Licenced 12:00pm to 10:30pm) -
Monday to Tuesday - Closed
Wednesday to Thursday - 5:30pm - 10:30pm
Friday - 3:00pm - 10:30pm
Saturday - 2:00pm - 10:30pm
Sunday - 12:00pm - 10:30pm
Staff
We are advised that the business is owner ran and managed.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £65,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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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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