Leasehold Independent Bar Located In Sutton Coldfield. External Covered & Heated Patio Area. Late Drink Licence. Free of Tie.
Veritas Business Sales are delighted to offer to the market this well-established and highly regarded bar, prominently situated within Sutton Coldfield. The business was established by our clients in 2019 and is now being offered for sale to allow them to enjoy a well-deserved retirement.
The business operates from a unique building which has been extensively refurbished, redecorated and continually improved by our clients. Significant investment has been made in equipment, fixtures and fittings, all of which are owned outright and included within the sale price. This provides an excellent opportunity for a new owner to acquire a fully equipped, turnkey operation without the need for significant immediate expenditure.
The business is currently owner-operated with the assistance of five part-time members of staff and generates an annual turnover of approximately £300,000 net of VAT. Further accounting information will be made available to genuinely interested parties upon application.
The venue provides a relaxed and welcoming environment where customers can enjoy the attractive surroundings. The offering includes a selection of fine wines, quality spirits and cocktails, speciality coffees, quality beers and snacks. Customers also benefit from the ability to pre-book tables, together with a convenient table service offering.
We believe there is clear potential for further growth, particularly through extending the current opening hours and developing the food offering. The business has established an excellent reputation within the local community and beyond, resulting in a strong level of regular and repeat trade. This represents an excellent opportunity to acquire a genuine turnkey bar where the hard work has already been done. With an established customer base, attractive premises and scope for further development, the business offers an excellent platform for a new owner to build upon. Early viewing is highly recommended.
