Sold
Reputable Bar For Sale
Manchester, Greater Manchester
- Asking Price: £135,000 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £375,000, further financial information can be made available upon request.
Please quote reference B06946
- Tenure: Leasehold
Please quote reference B06946
Hilton Smythe welcomes the market, The Boiler Room. A modern and vibrant bar located in the heart of Didsbury, Manchester. The business was established by our clients in 2019 after a full renovation of the property.
Since establishment, the business has built up an excellent reputation with all generations, with the high-end bar, extensive wine list, free Wi-Fi and fantastic cocktails.
The 5 star google and Facebook reviews include comments stating, ‘What a fantastic bar, the staff are friendly and knowledgeable on cocktails. We had hired the bar and we couldn't ask for anything more.
The bar is currently holding approximately £4000 in stock, currently offering 8 draught lines an extensive gin and rum offerings along with cocktails, there is plenty of scope for the right person/company to come in and further the earning potential.
The premises has a late licence, making this the go to place for locals.
Key points –
- Excellent reputation and reviews
- High footfall location
- Hand over period offered
- Low overheads
- Turnkey business
- Increasing opening hours
- Newly established business within the organic growth period
- Fully operational kitchen
- Freezers
- Fridges
- Stainless steel worktops
- 6 burner ovens
- Salamander
- Usual kitchen utensils and basic appliances
- Bar fridges
- Coffee machine
- Coolers
- Glasswasher and ice machine also
- Tables and chairs
The business is run and managed by 5 full time staff members.
The business trading hours are:
Monday to Wednesday - 16:00pm - 23:00pm
Thursday - 12:00pm - 23:00pm
Friday & Saturday - 12:00pm - 01:00am
Sunday - 12:00pm - 00:00am
Bar/restaurant is located on a busy main road in the desirable West Didsbury area, with footfall and market days once a month also. The premises further benefit from ample street parking and nearby car parks.
The area of the business is well-served by the public transport system, with bus stops within easy walking distance of the property.
Didsbury is a suburban area of Manchester, on the north bank of the River Mersey, 41⁄2 miles south of Manchester city centre. The population is around 26,788.
The layout of the bar, basement is cellar and two toilets, ladies and gents, ground floor, is a large bar area, and seating for approximately 50 people also there’s a disabled toilet and a fire exit to the rear.
On the first floor the kitchen along with a washroom, there is also space for either a 20/30 seater restaurant or it could be turned back into a dwelling, second floor you will find one room that was a bedroom.
Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the Lease, the rent is £3,000 per month.