Advert Ref: RB.0.150.WM

Restaurant And Bar Within Popular Golf Complex Wolverhampton For Sale

  • Wolverhampton, West Midlands

Price Reduced

Asking price:
£130,000
Sales revenue:
£600,000
Net profit:
Undisclosed


Business Established 27 years ago by the current owners Excellent location with ample parking Healthy level of forward bookings Managed business with the owners working approx. 10 hours each over two days Annual turnover in excess of £600k WE ARE SEEKING OFFERS IN THE REGION OF £130k TO PURCHASE THE WHOLE OF THE ISSUED SHARE CAPITAL IN THE LIMITED COMPANY. REDUCED IN PRICE FOR QUICK SALE

Property:
Leasehold
Lease terms:
The Vendor advises the Landlord would be prepared to negotiate a new lease term (subject to suitable references)
Leasehold rent:
£38,000
Location:
On the outskirts of Wolverhampton just off J2 of the M54
Premises details:
The restaurant and Bar are part of one of the most progressive golf complexes in the region.
Size in square feet:
2,800
Energy Performance Rating:
A

Reasons for selling:
Retirement sale
Trading hours:
Monday - Sunday 11am - 11pm
Employees:
2 P/T owners supported by 1 F/T Manager 3 F/T Chefs and a pool of approx 23 P/T
Years established:
27

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

If you are interested in finding out more about this business for sale, click on the button below.