Bars for sale in Ramsbottom

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Established Craft Beer & Real Ale Bar - Ramsbottom

Ramsbottom, Greater Manchester, England

  • Leasehold Price: £22,995  Price Reduced arrow_drop_down
  • Annual Turnover: £175,481
  • Annual Gross Profit: £53,495
Seller Reference: 7118
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Business Description
 
 
 
 
 
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Seller Reference: 7118
Request Details
Business Description
Free From from Tie - Town Centre Location
Accounts Available Year End 28th February 2019
Annual Turnover £175,481
Gross Profit £53,495
Accounts Available After Viewing
Currently Open Evenings & Weekend Only
New 7 Lease Available
Fully Equipped
Fantastic Online Reviews
EPC - C
REF 7118 – Leasehold Craft Beer and Real Ale Bar

Blacks Brokers are pleased to bring to the market this leasehold craft beer and real ale bar located in Ramsbottom, Bury.

INTRODUCTION

The Ramsbottom Tap was established by our client in this affluent and busy area of Ramsbottom in 2016, however a similar business had been based here from 2008. The business offers a range of fine craft beer, craft ciders, real ales and spirits and has become very well known in this area with a strong base of regular customers in place. It also benefits from a huge amount of passing trade due to this excellent trading position in the centre of Ramsbottom amongst many other bars, eateries and nightlife spots. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google. Trip Advisor and Facebook. The Ramsbottom Tap has a comprehensive website in place.

LOCATION

The Ramsbottom Tap occupies a main road trading position within a parade of shops and offices. The area is densely populated residentially and commercially with neighbouring businesses including many independent retailers as well as large multiples such as Tesco and Morrisons. There are also a number of schools and other local amenities nearby. The area is well linked by the M66 with very strong public transport links and parking is available in the immediate area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

There will be a new six year lease available at a cost of £425 per week.

STAFF

The business operates with five members of part time staff in employment supporting our client on a full time basis.

FINANCIAL DETAILS

The Ramsbottom Tap has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 28th February 2019 show the business has an annual turnover of £175,481 and gross profit of £53,495. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from small business rates relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This highly reputable and well established business occupies an enviable trading position in a central area of Ramsbottom. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction food and longer opening hours to include lunchtimes and possibly breakfasts. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Tables

Chairs

Beer Pumps

Drinks Fridges

Till

Fully Fitted Kitchen
Trading hours:
MON - THU: 16:00 - 00:00
FRI & SAT: 12:00 - 00:00
SUN: 12:00 - 00:00

Licenced From 10am - 12am 7 Days A Week
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
The Ramsbottom Tap operates from a spacious mid terraced property on a busy road. The business has large branding and signage on display above a glazed frontage. Inside, the bar is positioned within the ground floor with seating for 60 and both male and female toilet facilities. The lower ground floor has additional seating for 60 and this area is often cleared and used as a dance floor. The first floor comprises of a large commercial kitchen, as well as toilet facilities and a large store room. All areas are well presented and fully equipped.

Location Details:
Ramsbottom
Leasehold Term:
£425 Per Week
Listed by:
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