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Popular Late Night Bar For Sale

East Grinstead, West Sussex, UK
Asking Price:
£90,000
Turnover:
£160,129
Net Profit:
Undisclosed

Please Quote Business Reference B08575

CoGoGo presents The Bridge Bar – A Thriving Late-Night Venue in East Grinstead

Looking for a lucrative opportunity in the heart of East Grinstead? The Bridge Bar is the perfect investment, offering a profitable late-night bar with a prime location, thriving customer base, and plenty of room for future growth.

Key Features:
Late Licence: With a late-night licence in place, The Bridge Bar caters to night owls, attracting a steady stream of patrons well into the early hours.
Private Events: With a strong reputation, the bar hosts 20 private events a year, including birthdays, corporate events, and social gatherings. There's huge potential to expand this side of the business by tapping into more event types and partnerships with local businesses.
3 Flats Above: The three residential flats above the bar are a fantastic bonus, generating £1100 per month each providing a steady cash flow that complements the bar's earnings.
Prime Location: Situated in a high-footfall area with constant passing trade, The Bridge Bar benefits from both its loyal local following and visitors drawn to the vibrant East Grinstead nightlife scene.
10-Year Lease: With a secure 10-year lease in place, the business is set up for long-term success and stability.

Growth Opportunities:
Expanded Events Program: The bar already hosts 20 events a year, but there’s potential to increase this number, introducing themed nights, live music, or pop-up food events to attract new crowds.
Wider Drink Offerings: Introducing new cocktail menus, craft beers, or local spirits could boost sales and appeal to a wider range of customers.
Online Presence: Expanding on social media marketing and offering online reservations could increase foot traffic, especially with more people seeking to plan their night out in advance.

With a strong foundation, loyal customer base, and plenty of untapped potential, The Bridge Bar is ready for a new owner to take it to the next level. Contact us today to arrange a viewing and see the potential for yourself!

Financial Profile

Financials can be made available upon further request

Property Information

Property:

Leasehold

Location:

The Business is currently located at 129 London Road, East Grinstead, RH19 1EQ

Premises Details:

The Bridge Bar in RH19 1EQ stands out with its bold, eye-catching signage, inviting you in with style. Inside, you'll find a sleek service area, comfy seating, and a fully-equipped bar – the perfect spot to sip, chill, and enjoy the vibe!

Business Operation

Trading hours:

Sunday, Monday & Tuesday: Closed
Wednesday: 6 pm – 1:30 am
Thursday: 8 pm – 1:30 am
Friday & Saturday: 2 pm – 2:30 am

Employees:
The business is run and managed by our client with the help of 6 to 7 staff members.