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Asking Price$209,144
Revenue$109,172 Established2012
Cash Flow$13,942 Employees0 full, 5 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
High End Bar & Restaurant Catering to the Caribbean Market –
Superb High Street Location
Ref. AC351
Location : SW London
Asking Price : £150,000
Established in 2012, this unique high end bar/restaurant has established itself as a little treasure with a calm laid back atmosphere. The vendor of this well established venue currently opens the doors on just Friday and Saturday night. The premises are operated to a very high standard and have a valuable late weekend license allowing it to stay open until 3am at weekends and until 1am on weekdays.

The location of the bar/restaurant is superb, being in a very busy location in SW London. Customers can step into a unique Caribbean dining experience, where the food is reasonably priced and great quality while listening to the resident DJ’s music into the early hours. This venue has quickly established itself within the local area and also attracts a diverse range of customers from further afield using social media, with many becoming regulars.
Facilities:The leasehold premises are located in SW London on a busy high street location. There are 8 years remaining on the existing lease. The annual rent is £30,000. The building comprises a well fitted ground floor L shaped bar/restaurant that has a classy contemporary look. The building is very secure with 8 CCTV cameras installed. All main services are connected.
Competition:The bar uses social media to entice local customers and customers from further afield. Due to its popular and busy location plus the late licence the bar has not felt the need to use extensive marketing. A website could prove advantageous in the future.
Training/Support:The owners will provide full business familiarisation, training and handover as required, to ensure a smooth transfer of the business to new owners. The length of time can be negotiated at the time of sale.
Sale Reason:The vendor is now looking at emigrating.
Ad #79447
Seller Reference #AC351
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Turner Butler
0044 1895256000
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