PLEASE READ IN FULL, AS TIME WASTERS WONT BE ENTERTAINED
Newly refurbished, 90-seater, in the affluent town of Lancashire, Ramsbottom is home to many bars and restaurants and stands out from the rest. It is a very modern and stylish restaurant set on 2 floors (with only 7 steps to a level up from the bar) with a bespoke mezzanine floor, boasting VIP booth seating, a state-of-the art cocktail bar custom-made, and private dining, to name a few key features.
last refurbishment done in 2021 cost in excess of $300,000. Don’t compare this establishment to your typical Bengali restaurant; we are a cut above the rest and a great, viable business
A very profitable business is selling due to early retirement.
- Asking Price:
- £350,000
- Turnover:
- £500K - £1M
- Net Profit:
- £100K - £250K
Property Information
- Property:
-
Leasehold
- Leasehold Type:
- Existing
- Lease Terms:
-
22years left on lease
- Living Accommodation:
-
2 Bedrooms flat above
- Location:
-
Ramsbottom
Lancashire
Greater Manchester
- Premises Details:
-
25 year leasehold
20 years remaining renewable
- Planning Consent:
-
N/a
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
A great deal ,
- Competition / Market:
-
Healthy competition
- Reasons for selling:
-
Early retirement
- Trading hours:
-
4:30-10:30 Monday -Thursday
4:30-11:30 Fridays and Saturdays
2:30-9:30 Sunday
- Employees:
- 14
- Years established:
- 13
Other Information
- Support & training:
-
If required
- Financing available:
-
N/a
- Furniture / Fixtures value:
- £300,000
- Inventory / Stock value:
- £20,000
