| (REF: 2621) Outstanding Public House With Thriving Food Sales For Sale |
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| Seller Reference: |
2621 |
| B4S Reference: |
26353 |
| Asking Price: |
£180,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£631,657 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Bridlington, East Riding of Yorkshire, United Kingdom |
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Meridian Business Sales are delighted to offer to the market this superb leasehold public house that has been established since C.1900 and has been in the capable hands of our clients since 1989. The only reason this wonderful opportunity is being made available is so our clients can pursue their desire for a change of lifestyle. Since owning the business our clients have invested in excess of £200,000 on the business and premises to the point that they are now in full walk in condition for any prospective purchaser. We are advised of a very respectable annual turnover of £631,657 with good gross profits which is derived from the sales of beers, wines, spirits and an extremely popular food side to the business. The premises are large and spacious, ideally situated overlooking the town’s Harbour and South Bay and is in walking distance of all the town’s shopping facilities providing wonderful opportunities for passing trade. The business benefits from a high percentage of repeat and regular customers and is supported locally by 4 pool teams, 2 mens darts teams, 1 ladies darts team and a football team which all bring a steady and regular income. The business is also well known as a popular live music venue with customers travelling into the town from the local surrounding areas for these extremely well supported evenings. The business provides any prospective purchaser scope to increase turnover, the premises are licensed until 1am though our client do not choose to use the license to its full extent. In addition there is scope to introduce a morning coffee and breakfast trade into the business which due to its seafront location could also prove to be beneficial. The business is also a popular venue for functions of all occasions which with a more aggressive marketing strategy could also provide a substantial increase upon turnover. This is an outstanding opportunity to purchase a thriving business in a prime location and would ideally suit a husband and wife partnership looking for a lifestyle change opportunity and as such early viewing is highly recommended as this business will not stay on the market for long.
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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