Restaurants for sale in Manchester

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Recently Closed Bar & Grill - Greater Manchester

Manchester, Greater Manchester, England

  • Leasehold Price: £90,000  Price Reduced arrow_drop_down
  • Annual Turnover: £200,000
  • Annual Gross Profit: £100,000
Seller Reference: 6912
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Business Description
 
 
 
 
 
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Seller Reference: 6912
Request Details
Business Description
Main Road Trading Position
Annual Turnover £200,000
Gross Profit £100,000
Further Financial Info Available After Viewing
Indoor Seating For 30
Bar Seating For 8
Al Fresco Seating For 16
Spacious & Well Equipped
Beautifully Presented Throughout
Five Star Food Hygiene Rating
Fantastic Online Reviews
Scope For Lunch Time Trade
Space For Additional Seating Areas
Could Accommodate Any Cuisine
EPC - D
REF 6912 – Leasehold Licenced Bar & Grill

Blacks Brokers are pleased to bring to the market this leasehold licenced bar and grill located in a bustling and highly sought after area of Eccles, Greater Manchester.

INTRODUCTION

Zous American Bar and Grill was established by our client in 2016. The bar has soon become very well known with a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this main road trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook and Trip Advisor. At present the business does not have a website in place – only a social media presence, this is an area that can be easily developed.

LOCATION

Zous American Bar and Grill occupies a prominent trading position within a parade of shops on a busy main road. The area is densely populated both residentially and commercially with neighbouring businesses including a offices, independent retailers and large multiples such as Tesco Express. This area is well linked by the M602 with 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 the demands of our client's other business commitments 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

The building is available on a Full Repair & Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a ten year lease which began in 2016 at a cost of £625 per week.

STAFF

The business operates with three members of staff supporting our client and two business partners working on a full time basis.

FINANCIAL DETAILS

Zous American Bar and Grill has traded solidly since opening and our client has established a strong customer base. We are advised that the business currently has annual turnover of £200,000 with gross profits of £100,000. 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 beautifully presented bar and grill occupies a superb trading position in an affluent area of Greater Manchester. There is plenty of scope to develop the business further with the introduction of a delivery service along with the implementation of a website with ordering and table booking service and the potential for lunchtime opening during the week. 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

Cake Fridge

Display Drinks Chiller Cabinet

Card Machine

Upright Drinks Fridge

Music System

Double Deep Fat Fryer

Single Deep Fat Fryer

Salad Refrigerator

Upright Fridges x 2

Charcoal Grill

Flat Grill

Chip Warmer

Stainless Steel Workbenches

6 Ring Burner Commercial Cooker

Commercial Microwave

Large Chest Freezer x 3
Trading hours:
MON & TUE: CLOSED WED - FRI: 17:00 - 22:00 SAT: 12:00 - 22:00 SUN: 12:00 - 21:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Zous American Bar and Grill operates within all floors of this impressive three storey property. The business has classic branding and signage on display above a mainly glazed frontage which is fitted with matching canopy cover placed above an al fresco dining area with seating for sixteen. Inside, the ground floor has a well stocked bar with bar stool seating for eight. The kitchen is positioned to the rear of this and is professionally fitted with a range of equipment including fridges, freezers, stainless steel worktops, commercial grills and ovens, cake fridge and much more.

The first floor contains the main indoor dining area - this offers seating for a thirty. There is a store room within the first floor which could be converted to offer seating for a further ten. Finally, the second floor is used for storage – this is made up of two large rooms which could be utilised for even more additional seating or potentially could be converted to offer private event hire. To the rear of the property is an enclosed yard with parking for two vehicles. Each area of this business is finished to a high standard and is complete with good quality fixtures and fittings that were newly fitted in 2016.

Location Details:
Eccles
Leasehold Term:
£625 Per Week
Listed by:
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