Refurbished And Re-Branded Leasehold Sports Bar And Nightclub For Sale

Business description

This business set in a cobbled tree lined pedestrian area was established over 20 years ago and acquired by the current Vendors in 2006. They intended to create a themed restaurant (which is their core business) but quickly realised that by refurbishing the premises and creating a sports bar the premises would be far more profitable than they would have been converted into a themed restaurant they originally planned.

The nightclub was also completely refurbished and re-branded and is now the town’s premier nightclub catering for the more discerning bigger spending older client. Both businesses have grown since to become significant enterprises with a reputation for the quality of the service, competitive pricing and welcoming atmosphere.

Property information

Property:

Leasehold

Lease terms:

The premises have 9 years remaining on the lease and are superbly appointed with the sports bar occupying the ground floor and the night club the 1st floor.

Location:

The business is located in an easily accessible area in Aberdeenshire, taking a town centre location on a cobbled, pedestrian, tree lined street adjacent to some leading High Street retailers.
The premises have 9 years remaining on the lease and are superbly appointed with the sports bar occupying the ground floor and the night club the 1st floor. They both represent the professional standards and service the company has built its reputation upon.

Other information

Expansion potential:

The current market for this business’s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Competition / Market:

The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.

Support & training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading

Reasons for selling:

The business is for sale as a result of the vendors’ wish to re-focus on their core activity of ‘Branded themed licensed’ restaurants.