Bars for sale in Maidstone

View the "Prosecco Bar For Sale In Maidstone" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Prosecco Bar For Sale In Maidstone

Maidstone, Kent, England

  • Leasehold Price: £195,000  Price Reduced arrow_drop_down
  • Annual Turnover: £360,000
  • Annual Gross Profit: £240,000
Seller Reference: BB/ABC
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Business Description
 
 
 
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Seller Reference: BB/ABC
Request Details
Business Description
Located in prestigious premises in Maidstone this recently established prosecco bar is for sale! The business sells a wide range of prosecco, cocktails and gins along with a light food menu and is showing strong revenues and a growing customer base.

The location has benefitted from significant investment to set up and launch in Summer of 2017, in many ways all the hard work has already been done and a new owner can walk straight in and take the reins alongside the staff who are all fully trained. Sadly the current owner has to spend a significant amount of time in Europe in 2018 in connection with their main business and so has come to the decision that they probably will struggle to run the bar from such a distance.

This location is on course to exceed £400,000 turnover in 2018

The bar receives direct support from it's franchisor who has plans to open several other similar units this year and with this business already set up and trading this bar is primed and ready for a new owner.
Trading hours:
Usual wine bar hours
Tenure:
Leasehold
Competition:
The bar has a unique niche and so doesnt really have very much direct competition other than the proximity of other bars and restaurants
Support and Training:
Full training is provided by the franchisor along with assistance from the seller as required
Location Details:
Leasehold transferable to new owner
Listed by:
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