This business comprises of a wine bar and wine and spirits merchant, with a hospitality element providing a stylish environment to enjoy quality wines and other drinks with a “grazing style” menu and a retail side allowing people to purchase either in store or online with a local delivery service.
This business was set up in the year before the pandemic, therefore its first year of trading only consisted of 10 months and still produced a turnover of £311,700 with a net profit of £70,000+.
Since returning from the COVID restrictions the business has only been trading 3 days per week Thursday to Saturday. From the figures available the business has been projected to have an annualised turnover of £218,000 with a projected net profit of £65,000+.
The hospitality and retail premises are run from the same building, on a busy main road location in the centre of Bedford which includes the main bar and merchant area, seating inside for 64 people including 2 private hire areas, seating outside for a further 18 and a kitchen currently set up for the style of food provided.
This is a business not to be missed, it is easy to run and the owner will provide training and assistance for an agreed period of time if required, if you are looking for a business that has not yet achieved its full potential that can bring excellent returns then this is one for you to look at.
Price to include the goodwill of the business, the assignment of the remaining 9 years of the 12-year renewable lease and the entire inventory of trade fixtures, fittings and equipment.
The Price of this business has been reduced!
