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Riverside Bedford, Confidential Sale Of Cocktail Bar For Sale

Bedford, Bedfordshire, UK
Asking Price:
£125,000
Turnover:
£119,000
Net Profit:
Available on request

This independent high end cocktail bar is based in one of the prime locations in Bedford on the river. It’s concept was designed and has been built from scratch by our clients with considerable personal investment. This is a rare and fantastic opportunity for a ‘hands on’ Owner/Operator to take on an already popular going concern in one of the most sort after locations in the town.
The business produces a healthy turnover and is a quality proposition. Financial accounts show turnover in the first full trading year of £119,000 opening only 4 evenings per week and the occasional Sunday. The turnover for the business has increased so far this year by 50% with a predicted £60,000 increase in turnover for the next financial year.
This popular business has built a great reputation with an emphasis on a friendly, professional service, quality locally sourced ingredients where possible and a cocktail menu that is second to none. Boasting top customer feedback across all of the review sites, this business would suit an owner operator/couple who would like a lifestyle change managing their own business. Which would also help to bring down the wage bill.
Price to include the goodwill of this going concern, the assignment of the commercial lease and the entire inventory of trade fixtures, fittings and equipment.

Please make first contact with Vandervells as we are handling all enquiries on behalf of the owner.

VIEWING STRICTLY BY APPOINTMENT ONLY, APPOINTMENTS WILL ONLY BE OUTSIDE OF OPENING HOURS – PLEASE DO NOT MAKE DIRECT CONTACT AND UPSET THE VENDOR – THE STAFF ARE UNAWARE OF THE SALE.

Property Information

Property:

Leasehold

Leasehold Type:
Existing