£59,995
Restaurant for saleSmethwick, England, United Kingdom B67
Business
About this property
Business
Please quote reference B09257
Established for eight years, this vibrant and stylish cocktail bar is a well-loved destination with a strong local following and an energetic social media presence.
Known for its creative drinks, late licence, and lively atmosphere, the venue offers an exciting opportunity for an owner-operator or investor looking to step into a ready-made hospitality brand.
With a smartly designed space, an additional income stream from a rented kitchen, and scope to further develop events, private hire, and late-night trade, this business is primed for its next chapter.
The current owner is moving on to pursue another venture, creating a genuine opportunity to take the reins of a proven and popular concept.
Location
This well-established cocktail bar is located in Bearwood.
Premises
Don’t miss out contact Cogogo today!
A member of our dedicated team will get in touch right away to help you take the next step.
Businesses like this are rarely on the market for long!
Tenure
We are advised that this opportunity is being sold on a Leasehold basis.
Hours
Click ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ now to find out more.
Staff
Want a closer look? Select ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ and one of our team will help you arrange a viewing or provide all the info you need.
We can share additional documents and details on file to give you a complete picture.
Financial Profile
We are advised on the following:
Otm: £59,995
Turnover: £75,000
Rental Income (Kitchen): £15,500 per annum
Rent: £27,300 per annum
Assets: £15,000
Please quote reference B09257
Established for eight years, this vibrant and stylish cocktail bar is a well-loved destination with a strong local following and an energetic social media presence.
Known for its creative drinks, late licence, and lively atmosphere, the venue offers an exciting opportunity for an owner-operator or investor looking to step into a ready-made hospitality brand.
With a smartly designed space, an additional income stream from a rented kitchen, and scope to further develop events, private hire, and late-night trade, this business is primed for its next chapter.
The current owner is moving on to pursue another venture, creating a genuine opportunity to take the reins of a proven and popular concept.
Location
This well-established cocktail bar is located in Bearwood.
Premises
Don’t miss out contact Cogogo today!
A member of our dedicated team will get in touch right away to help you take the next step.
Businesses like this are rarely on the market for long!
Tenure
We are advised that this opportunity is being sold on a Leasehold basis.
Hours
Click ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ now to find out more.
Staff
Want a closer look? Select ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ and one of our team will help you arrange a viewing or provide all the info you need.
We can share additional documents and details on file to give you a complete picture.
Financial Profile
We are advised on the following:
Otm: £59,995
Turnover: £75,000
Rental Income (Kitchen): £15,500 per annum
Rent: £27,300 per annum
Assets: £15,000
Mortgage calculator
Monthly repayment
£300 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}