Bar And Cafe For Sale
Advert ref: #623
Category: Food -> Restaurants
Location: England -> South East -> West Sussex -> Bognor Regis
Category: Food -> Restaurants
Location: England -> South East -> West Sussex -> Bognor Regis
Business for sale
Asking Price:
£99,500
Turnover:
£182,953
Annual profit:
50k to 99k
Audited accounts:
No
Management accounts:
Yes
Years trading:
3
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
This popular business sells a varied selection of food and drinks, and has been successfully run by the current owners since 2005. It is popular with the under 30 market, and has an all week entertainment licence. PRICE REDUCED FOR QUICK SALE.GENERAL INFORMATION
Trading hours: Currently open 7 days a week.
Property: Leasehold
Lease terms
The business is currently available on a five year renewable lease, with three years remaining. the owner informs us that a 10 year lease is available if required.
Location
The business has an excellent location close to the sea front and town centre.
Expansion potential
The premises are approximately 3000 sq. ft., and there is enormous potential to expand and/or diversify the business.
Reasons for selling
The owner is moving out of the area for business reasons.
Advert ref: 1087RA