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Highly Rated Cocktail Bar And Restaurant For Sale

Ambleside, Cumbria, UK
Asking Price:
£80,000
Turnover:
Available on request
Net Profit:
Available on request

CoGoGo is pleased to have been given the opportunity to manage the sale of The Vault, which is a well-established Bar and restaurant with a renowned reputation amongst local residents. This is a superb opportunity to take on a high-turnover local business in an area teeming with customers.

The Vault was founded by the current owners when they identified a need for quality dining in the area and the business has flourished under their ownership, accruing an impressive number of regular customers and a burgeoning reputation.

The business has now come to the open market due to our clients desire to pursue a change of direction.

The Vault serves an impressive range of food, freshly prepared on the premises using local ingredients wherever possible. The comprehensive menu includes:
Tapas
Sharing boards
Meat platters
Burgers
Small plates
Meat balls and dirty fries
Spicy Chicken
Calamari
Vegetarian options
Appetisers
Cocktails

The business enjoys great visibility online with lovely reviews.

Key selling points:

A well-established business with many existing customers and increasing month-on-month
Current owners are happy to offer a handover to ensure continued success
Prime trading position benefiting from good footfall and strong tourist trade
Ideal owner-managed or partnership business
Perfect bolt-on to an existing hospitality business looking for a foothold in this area.

Scope for further growth:

Advertising and Marketing campaigns
Maximize the use of social media
Extend the opening hours
Website, ideally with gallery and online ordering facility
Introduce a delivery service; there is real demand locally

Financial Profile

Further financials can be made available upon request.

Property Information

Property:

Leasehold

Location:

The Vault is located on Cheapside in Ambleside, Cumbria.

The business has clear visible signage, receiving high levels of footfall and passing trade.

Premises Details:

The business occupies two floors of a distinctive and eye catching premises that was previously a bank.

The business is beautifully presented and maintained with a pleasing up market feel and briefly comprises -

Bar/Restaurant area
Kitchen area

All fixtures, fittings and equipment for the business are included in the sale, with a full breakdown available upon further request.

Business Operation

Trading hours:

The current trading hours are -

Monday - 4:00pm - 11:00pm

Tuesday to Wednesday - Closed

Thursday - 4:00pm - 11:00pm

Friday to Sunday - 1:00pm - 12:00am

Employees:
We are advised that the business is staffed.