 | Late Night Entertainment Bar Cannock, West Midlands, United Kingdom Advert ref: FH.0.155.WM Business description
Situated close to Cannock Town Centre - the business features entertainment five nights per week.
The vendor advises there are no Brewery ties.
Potential to extend opening hours
Years established: 3
Employees: P/T working owner is supported by 1 F/T and 4 P/T
Trading hours: Mon 8pm - 1am, Tues 7pm - 1am,Wed & Thurs 8pm - 2am,Fri & Sat 7pm - 3am, Sun 8pm - 2am
Property: Leasehold
Lease terms
The vendor advises a new 21 year lease is available (subject to Landlord's consent)with reviews every 3 years.Current rent is £12,500 per annum.
Location
Detached single storey building located close to Cannock town centre.
Reasons for selling
Owner wishes to pursue other business interests.
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| | Financial details Asking price: £155,000
Sales revenue: £360,000
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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