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Profitable And Established Beer Bar In Tyne And Wear For Sale

Tyne and Wear, UK
Asking Price:
£100K - £200K Furniture / Fixtures and Inventory / Stock included
Turnover:
£100K - £200K
Net Profit:
Under £50K

Our small pub presents a remarkable opportunity for prospective buyers looking to own a piece of the thriving craft beer scene. Celebrating nearly a decade of operation, this profitable establishment has firmly established itself at the heart of the local community, offering a warm, welcoming atmosphere that invites both regulars and newcomers to enjoy its unique selection of craft beers.

Renowned for its commitment to quality, the bar has curated an exceptional assortment of local and international craft beers, appealing to a wide range of tastes and preferences. This dedication to excellence has not only fostered a loyal customer base but also enhanced its reputation as a destination for beer aficionados and casual drinkers alike.

Situated in a great location, the bar benefits from good foot traffic and visibility, making it a popular gathering spot for social events, casual meet-ups, and community gatherings. Its rustic, inviting interior and knowledgeable, friendly staff create an ambiance that is both sophisticated and relaxed, encouraging patrons to linger.

A huge selling point is our vast outdoor seating area, making us an extremely busy destination in the warmer months.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

Lease can be negotiated for 3, 5 or 10 years

Leasehold Rent:

£8,000 per annum

Location:

Perfectly situated around multiple residences and close to amenities. Based on a small trading estate making the outside area a sun trap.

Business Operation

Expansion Potential:

Potential to expand outside area and room to expand in to back unit.

Competition / Market:

No other craft beer bars in the general vicinity.

Reasons for selling:

Retirement

Trading hours:

Mon-Sun 12-10

Employees:
4
Years established:
9

Other Information

Support & training:

Full training can be provided including back office, till systems and staff training.

Furniture / Fixtures value:
£20,000 - included in the asking price
Inventory / Stock value:
£5,000 - included in the asking price