United Kingdom Business For Sale in United Kingdom - England/ Attractive and lively Cocktail lounge
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Listing View: Attractive and lively Cocktail lounge - North West London, United Kingdom


Attractive And Lively Cocktail Lounge
North West London, United Kingdom

Offered at:
$449,873

Office Listing #   AC215
Revenue: Contact For Info
Cash Flow: Contact For Info
Lease Rent: Contact For Info

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 Listing Description

Attractive and lively Cocktail lounge Confidentially offered for sale Ref. no: AC215 Location: North West London Asking price: £285,000 Launched just over two and a half years ago, this independent, fun loving cocktail lounge is ideally located in a prominent position in this affluent North West London suburb. Converted from an almost derelict building – formerly an Indian restaurant, this business is located within easy reach of both the West End and the City and has rapidly attracted a dedicated following amongst a more mature, twenty and thirty something affluent target audience that live in the surrounding area, giving them a compelling reason to stay closer to home on their evenings out. Open evenings only, throughout the week, whether for a lively celebration – or simply to enjoy cocktails with friends, this outlet gives customers all they are looking for in a sophisticated and stylish setting. Spread over two floors, the dιcor is stylish, contemporary and has plenty of comfortable seating. Lively and popular, this outlet offers a classic cocktail bar with a huge range of cocktails, each one made to the right specification. This business also offers an extensive snack and light bites menu providing a wholesome range of food ready to fill the biggest of appetites. Popular snacks include vegetarian satay, cheese and onion goujons, samosas, spring rolls, chicken dippers, nachos and potato wedges with a wide range of burgers, fajitas, sandwiches, savoury crepes and salads amongst the main meals with spicy chicken wings a particular speciality, all freshly made to order using only the best, fresh ingredients. It is perhaps for its dessert menu, however, where this venue stands out from the rest. Whereas most restaurants or eateries see desserts as just another section on the menu – desserts are the passion of this business. With most desserts made in house to closely guarded recipes – customers here enjoy a unique experience that opens up the imagination and tempts the wildest of taste buds. Crepes, sundaes, waffles, speciality ice creams, cheesecakes and pancakes are all readily available – the perfect accompaniments to a classic cocktail or a creamy coffee with shishas and a wide range of fruity flavours available to round off the night. In just over two and a half years this business has built up a dedicated following which in the current financial year will generate approximately £300,000 per annum in turnover with a gross margin of nearly 70%. With pre-tax earnings in the region of £110,000 this represents an excellent opportunity to acquire a cocktail lounge which whilst well established has significant on-going growth prospects.

General Information
Contact Information
Organization:   Other
Year Established:   Contact For Info
Current Owner:   Contact For Info
# of Employees:   Contact For Info
License(s) Required:   Contact For Info
Reason For Sale:   Contact For Info
     
Financial Information
Revenue:   Contact For Info
Cash Flow:   Contact For Info
Payroll:   Contact For Info
Listed by:   Andrew Hudson
 Turner Butler
Email: Email Seller
Phone:  01895 25 6000
Fax:  01895 25 7777
Website:  www.turnerbutler.co.uk
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Profile:  View Broker Profile
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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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